Calling out to US President Donald Trump by saying, “You can be a President all you want,” President Erdoğan has stated that the movements in the foreign exchange do not have an economic basis. Erdoğan has also added, “There are several economic terror figures on social media.”

The Minister of Foreign Affairs Mevlüt Çavuşoğlu has stated, “Turkey has never deviated from its goal of full membership of the EU” and added, “Turkey is one of the best and most trustworthy places to make an investment.”

The former HDP MP Edip Berk and reserve member of the HDP Party Assembly Gülşen Özer have been taken into custody.

The Central Bank has taken two actions in an attempt to prevent the further depreciation of Turkish Lira, announcing that “it will provide all the liquidity the banks need.”

While the Financial Crimes Investigation Board has launched an investigation against “the ones who report manipulative news about the economy”, the Capital Markets Board has stated that they will face up to five years in prison as per the law on “market fraud.”

Addressing the industrialists, President Erdoğan has said, “Do not rush to the banks to buy foreign currency. Otherwise, I would have to implement the plans B and C.”

The Minister of Finance and Customs Albayrak delivered his speech at the publicity meeting, where he introduced the “New Economic Model”, when the exchange rate of US Dollar was 6.13 TRY. In the course of his speech, the exchange rate has hit 6.56 TRY.

US President Trump has tweeted, “I have just authorized a doubling of Tariffs on Steel and Aluminum with respect to Turkey as their currency, the Turkish Lira, slides rapidly downward against our very strong Dollar”.

Speaking about the recent increase in the exchange rates of US Dollar and Euro at a mosque in Bayburt, President Erdoğan has said, “We will not lose the economic war.”

US State Department Spokesperson Nauert has touched upon the bilateral meeting held with delegation from Turkey and said that they will “define progress as Pastor Brunson being brought home”.

HDP’s imprisoned former co-chair and presidential candidate for June 24 elections Demirtaş has evaluated the developments occurred in the wake of June 24 in his article he wrote for the ANF.

Bayram Sekmen has lost his life in the landslide caused by flood in the district of İkizce in Ordu.

As Dollar/TRY rate climbs up to 6.26, the “New Economic Model Presentation Meeting” that would be held at 11 a.m. has been postponed to 2:30 p.m.

Stating that several campaigns have been run, President Erdoğan has said, “If they have dollar, we have people, we have Allah”. Dollar has climbed to 6.20 TRY, which was 4.67 on the same day of previous month.

Academic Nuriye Gülmen and Mehmet Dersulu, who were detained in Bodrum, have been released. Gülmen, who was battered in detention, has been taken to hospital suffering a suspected broken leg.

Academic Nuriye Gülmen and Mehmet Dersulu, who wanted to protest and fly a kite in solidarity with Engin Karataş, a teacher protesting with the demand that he be reinstated to his job, have been detained in the district of Bodrum in Muğla.

President Erdoğan has said, “Everything is going to be all right, markets will ease within reasonable time. Don’t be afraid, it will all pass. Both private sector and our citizens know what comes from where”. Dollar is 5.43, Euro is 6.31 TL.

Delegation consisting of nine people from Turkey continue their talks with the US officials. WSJ has asserted that the talks have been failing so far, and the dollar has hiked to 5.43 from 5.28 TL.

A delegation from Turkey has gone to Washington in the latest stage of the relations that have escalated with continuation of US Pastor Brunson’s arrest. The process in which Brunson is charged with “espionage” developed as follows.

Initial statement has come from Turkey after US sanctions on Iran entering into force and Trump’s statement that “Anyone doing business with Iran will not do business with the US”.