Türkiye rules out suspension of stock market amid regional tensions

Türkiye’s Minister of Treasury and Finance, Mehmet Şimşek, denied claims that the country plans to suspend stock exchange operations amid escalating regional tensions.

According to AZERTAC, some media outlets had earlier reported discussions about potentially halting operations on Monday at the country’s largest exchange, the Istanbul Stock Exchange.

“Ankara is closely monitoring geopolitical developments, assessing all aspects of potential impact on the domestic economy,” the minister assured, emphasising that “Türkiye, as a country with strong macroeconomic indicators, is resilient to shocks.”

Şimşek urged the public not to believe speculative reports, adding, “The government will take all necessary steps to ensure the uninterrupted functioning of markets.”

A similar statement was issued by the Presidency of Türkiye, which described reports of a planned market suspension as “an attempt to undermine economic stability.”