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Turkey’s central bank controls dollar’s rate, PM says

06 March 2015 [11:50] - TODAY.AZ

The growth of US dollar’s rate in Turkey is being controlled by the country’s central bank, the Anadolu agency quoted the Turkish Prime Minister Ahmet Davutoglu as saying on March 6.

The prime minister said the growth of the dollar’s rate will not lead to a financial crisis in Turkey.

Davutoglu underscored that Turkey’s central bank will do everything possible to keep the growth of the dollar’s rate under control.

Earlier, the national currency of Turkey renewed its historical minimum, reaching 2.6862 liras per $1.

The official exchange rate on March 6 is 2.5862 TRY/USD

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