Turkey's Central Bank Says Allegations of Disclosures at London Briefings Unfounded
Published by Global Banking & Finance Review®
Posted on April 5, 2026
2 min readLast updated: April 5, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 5, 2026
2 min readLast updated: April 5, 2026
Add as preferred source on GoogleTurkey’s central bank and Finance Ministry denied allegations that undisclosed interest rate discussions took place during last week’s London investor briefings, asserting only publicly available data was shared and policy stays guided strictly by published material. Technical briefings were aimed a
ISTANBUL, April 5 (Reuters) - Turkey's central bank said on Sunday allegations that previously undisclosed information and assessments were shared with investors during technical briefings in London last week were "completely unfounded".
Reuters reported on Friday that three people who took part in the briefings were left with the impression that an interest rate hike was an option as Turkish authorities seek to address the economic fallout from the Iran war.
During the briefings, Central Bank Governor Fatih Karahan and Finance Minister Mehmet Simsek expressed confidence in the steps taken so far.
The central bank (CBRT) said its briefings were strictly limited to publicly available monetary policy texts and published macroeconomic data.
"The CBRT does not, under any circumstances, disclose non-public information or policy assessments to any external parties, whether domestically or internationally," the bank said in a statement.
It added that such briefings address technical questions on the broader macroeconomic outlook, financial markets, and the banking sector, aimed at fostering a clear understanding of monetary policy implementation.
In a separate statement, the Treasury and Finance Ministry said Simsek never comments on interest rate policy at any domestic or foreign meetings as a matter of principle.
The private meetings with dozens of foreign investors were held last week after a series of policy steps by authorities including the sale or swap of tens of billions of dollars in forex and gold reserves to support the lira, and to seek to keep disinflation on track.
(Reporting by Daren Butler; Editing by Jonathan Spicer and Helen Popper)
No, the central bank stated that all information shared at the briefings was publicly available and denied sharing undisclosed data.
Some investors left with the impression that an interest rate hike was being considered as an option.
Central Bank Governor Fatih Karahan and Finance Minister Mehmet Simsek attended the briefings.
The briefings focused on the macroeconomic outlook, financial markets, the banking sector, and monetary policy implementation.
According to the Treasury and Finance Ministry, Simsek does not comment on interest rate policy in any domestic or foreign meetings.
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