[Hurriyet Daily News] There is plot which aims to show the Turkish economy to be worse off than it actually is by exaggerating current developments, according to Customs Minister Nurettin Canikli. "As we all see, there has been a plot against the Turkish economy, aiming at showing the economy and economic figures to be in a worse situation than they actually are by exaggerating [negative] economic developments," he said.
He said there was no economic reason for the Turkish Lira to lose value against the U.S. dollar.
There is also no deterioration in the macroeconomic indications, he said, while adding that GDP growth has slowed down somewhat, but in line with recent developments in the global economy.
Canikli also said there had been a dramatic decrease in the country's current account deficit.
The recent changes in euro-dollar parity have been affecting almost all currencies, including the lira, but nothing more, the minister said.