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    1. Home
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    3. >Turkey's central bank says allegations of disclosures at London briefings unfounded
    Finance

    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 read

    Last updated: April 5, 2026

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    Quick Summary

    Turkey’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

    Turkey Central Bank Refutes Claims of Unauthorised Disclosures to London Investors

    Central Bank Denies Sharing Unauthorised Information with Investors

    Background of the Allegations

    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.

    Details from the London Briefings

    During the briefings, Central Bank Governor Fatih Karahan and Finance Minister Mehmet Simsek expressed confidence in the steps taken so far.

    Central Bank's Official Response

    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.

    Finance Ministry's Statement

    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.

    Context: Recent Policy Actions and Investor Meetings

    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)

    Table of Contents

    • Central Bank Denies Sharing Unauthorised Information with Investors
    • Background of the Allegations
    • Details from the London Briefings

    Key Takeaways

    • •Central Bank emphasized it shared only public data and monetary policy texts—no non‑public information was disclosed.
    • •Governor Fatih Karahan and Finance Minister Mehmet Şimşek reiterated commitment to price stability and disinflation in meetings with investors.
    • •The investor sessions followed FX interventions amid geopolitical and market pressures to bolster confidence in Turkey’s economic policy path.

    Frequently Asked Questions about Turkey's central bank says allegations of disclosures at London briefings unfounded

    1Did Turkey's central bank share non-public information in London briefings?

    No, the central bank stated that all information shared at the briefings was publicly available and denied sharing undisclosed data.

    2What impression did investors receive during the London briefings?

    Some investors left with the impression that an interest rate hike was being considered as an option.

    Central Bank's Official Response
  • Finance Ministry's Statement
  • Context: Recent Policy Actions and Investor Meetings
  • 3Who attended the London briefings on behalf of Turkey?

    Central Bank Governor Fatih Karahan and Finance Minister Mehmet Simsek attended the briefings.

    4What topics were addressed in the briefings held by the Turkish central bank?

    The briefings focused on the macroeconomic outlook, financial markets, the banking sector, and monetary policy implementation.

    5Does Finance Minister Mehmet Simsek discuss interest rate policy at meetings?

    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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