Turkey’s deputy PM Simsek: Will use emergency state powers in a measured way

Speaking to NTV on Thursday, Turkey's deputy PM Simsek said that there is no need to worry about the economy as they will use emergency state powers in a measured way.

 Key Headlines:

Emergency state's sole purpose to clean "Gulenists"

Coup attempt impact on mkt limited

No need to worry about the economy, investments, markets

Will use emergency state powers in a measured way.

Meanwhile, USD/TRY is seen extending its retreat 3.0965, and now trades -1.04% around 3.0570 levels.