ANKARA, Jan 12 (Reuters) - President Tayyip Erdogan said on Thursday the Turkish central bank and other banks must thwart games played with the foreign exchange rate, which is being used against the country like a weapon.
“It’s clear that the speculation on the forex rate has no depth.... Our central bank and other banks must thwart these games,” Erdogan said in a speech after the lira hit record lows against the dollar this week.
“The central bank has the necessary tools and ability to take measures on this. I am also calling on the business world, it is time to invest and create jobs,” he said. (Reporting by Ercan Gurses; Writing by Ece Toksabay; Editing by Daren Butler)