Incumbent President Erdogan’s vote in Turkey’s Presidential vote is below 50%.
Just under 90% of the vote have been counted.
If no candidate gets more than 50% of the vote a runoff vote will be next.
There are reports of Turkey’s state banks buying TRY to support the currency. As a guide its circa 19.70 to the USD. It closed Friday circa 19.55. it’s a thinly traded currency at the best of times, and right now its super-illiquid.
This article was originally published by Forexlive.com. Read the original article here.