Markets

Turkey has plans to make lira more attractive to investors

Published November 28, 2016 Updated November 28, 2016 12:14pm

ANKARA: Turkey has concrete plans to make its lira currency more attractive to investors and will act to facilitate trade and payments in the currency, Deputy Prime Minister Numan Kurtulmus said on Monday.

Kurtulmus also told a news conference that the government was optimistic the dollar would see some easing ahead. The lira has been battered by both the resurgent dollar following Donald Trump's election victory in the United States and domestic security worries in Turkey.

Copyright Reuters, 2016