The first step against the rising exchange rates came from TIM.
Gulle: "We are ready to allocate the funds that we have to Eximbank.”
İsmail Gulle, the President of TİM, said that they have decided to activate the resources that TIM and exporters' associations have for exporters not to be negatively affected by the speculative fluctuations of currency exchange rates.
Turkish Exporters' Assembly (TIM) is taking the action against the rapidly rising US Dollar. TIM is getting prepared to provide Eximbank with the funds held by TIM itself and its exporters' associations for exporters not to face the risk of being in a difficult situation due to the rising exchange rates. İsmail Gulle, the President of TIM, who made a statement about the subject, set that TIM itself and its 61 exporters' associations have already started to move against the rising dollar.
Reminded that Turkey is going through a difficult period, Gulle expressed that they believe that the sudden rises in currencies are not related to the market conditions and there are some other reasons of it. Emphasized that the exporting community, which works night and day in order to bring foreign currencies into Turkey, will not remain unresponsive to this situation and continued by saying "Under the leadership of our President Recep Tayyip Erdogan, we are taking on the responsibility against this speculative action. In this context, we are ready to allocate all the funds held by TIM itself and exporters' associations to Exikbank in order to be at the side of our exporters during this period, in which exchange rates are rising.”