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Turkish Central Bank Announces Measures to Ensure Financial Stability

© AFP 2023 / OZAN KOSEAn exchange office worker counts Turkish lira banknotes in Istanbul on June 8, 2015
An exchange office worker counts Turkish lira banknotes in Istanbul on June 8, 2015 - Sputnik International
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The Central Bank of Turkey takes all the necessary measures to maintain financial stability in the country, it said in a press release Sunday in the wake of coup attempt.

Supporters of Tukish President Tayyip Erdogan celebrate after soldiers involved in the coup surrendered on the Bosphorus Bridge in Istanbul, Turkey July 16, 2016 - Sputnik International
Turkey's Failed Military Coup: 'Spur-of-the-Moment Event' Vs Planned Action
MOSCOW (Sputnik) — Late on Friday, Turkish lira plunged by more than 3.5 percent following reports of alleged military coup in Ankara.

"The following measures are taken to maintain the efficient functioning of financial markets: the Central Bank will provide the necessary liquidity to banks on a limitless basis," the press release read.

The coup attempt was suppressed by early Saturday, with Turkish Prime Minister Binali Yildirim stating that all coup supporters were identified and would be apprehended as the country was returning to normal life.

Over 260 people were killed and hundreds were injured during the events, while nearly 3,000 people have already been detained.

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