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Ankara rejects claims of nonpublic information shared with investors in London

Illustration shows bundles of 200 Turkish lira banknotes being counted in a money-counting machine, date and time undisclosed. (Adobe Stock Photo)
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Illustration shows bundles of 200 Turkish lira banknotes being counted in a money-counting machine, date and time undisclosed. (Adobe Stock Photo)
April 05, 2026 01:11 PM GMT+03:00

Türkiye's Treasury and Finance Ministry, along with the central bank, denied claims that nonpublic information or interest rate policy comments were shared during meetings in London.

They stated that Treasury and Finance Minister Mehmet Simsek does not comment on rate policy as a matter of principle and that no information beyond publicly available material was disclosed.

The ministry issued its statement in response to a Reuters report on Simsek's London visit, while the central bank dismissed claims that undisclosed information or assessments were shared during technical briefings as untrue.

Simsek does not comment on rate policy, says Treasury

According to the statement, the monetary policy assessments presented in the Reuters report by Jonathan Spicer and Marc Jones as an "impression" from the London program do not in any way bind the ministry or the minister.

Simsek said the report's evaluations on monetary policy, conveyed as an "impression" regarding the London program, "definitely do not bind our ministry or our minister."

Turkish Treasury and Finance Minister Mehmet Simsek makes remarks on the Turkish economy at the Institute of International Finances (IIF) Annual Membership Meeting, on October 17, 2025. (AA Photo)
Turkish Treasury and Finance Minister Mehmet Simsek makes remarks on the Turkish economy at the Institute of International Finances (IIF) Annual Membership Meeting, on October 17, 2025. (AA Photo)

Statement directly addresses Reuters report

The ministry clarified that its statement was issued specifically in response to the Reuters report concerning Simsek’s meetings in London.

Rejecting the suggestion, it reiterated that Simsek's principle in all domestic and foreign meetings is not to comment on interest rate policy.

Central bank says claims on London meetings untrue

In a separate statement, the Central Bank of the Republic of Türkiye said its communication policy is based on transparency, consistency and simultaneous information sharing.

It said that in line with that policy, broad-based briefing meetings are held regularly with market participants both in Türkiye and abroad.

Referring to the technical briefing meetings in London, the central bank said public claims that "previously undisclosed information and assessments were shared with investors" did not reflect the truth.

Only public data, published policy texts discussed

The central bank said that during the meetings, technical questions were answered on the general macroeconomic outlook, financial markets and the banking sector in order to contribute to a correct understanding of monetary policy implementation.

All information shared in that framework was limited to already public monetary policy texts and published macroeconomic data, the statement added.

The bank said there was no sharing, either in Türkiye or abroad, of any information or policy assessment that was not already open to the public.

It also urged the public not to rely on comments, impressions and statements made outside the central bank's official communication channels.

April 05, 2026 01:12 PM GMT+03:00
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