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
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)
