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Turkish economy ‘strong’ post-coup bid: Commerce chamber

Turkish economy strong post coup bid Commerce chamber

The negative impact of the July 15 failed coup attempt on Turkey’s economy has been minimal, according to the head of the Istanbul Chamber of Commerce (İTO).

“The foreign exchange rates have been going back to pre-July 15 levels, while the country’s main stock exchange index has been climbing confidently towards a level that is higher [than] prior to the coup attempt,” İTO head İbrahim Çağlar told a meeting with 49 consuls-general in Istanbul.