August 13, 2018 / 7:26 AM / 2 months ago

Turkish Isbank CEO says Turkey facing serious speculative attack

ISTANBUL, Aug 13 (Reuters) - Turkey is under speculative attack, Turkey’s Isbank chief executive Adnan Bali said on Monday as lira currency lost more than 40 percent of its value so far this year amid diplomatic disputes.

Speaking in an interview to broadcaster BloombergHT, Bali said there is no reduction of deposits during the last week and net foreign exchange transactions were neutral. (Reporting by Ebru Tuncay Writing by Ezgi Erkoyun)

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