Turkish lira stability can only be achieved by exports, tourism -Erdogan
ISTANBUL, Nov 30 (Reuters) - Turkish currency stability can only be achieved by increasing exports and tourism revenues, President Tayyip Erdogan said on Tuesday, as the lira TRYTOM=D3 tumbled to record lows against the dollar.
In a televised interview, Erdogan also said the recent volatility in the foreign exchange rates is not based on the economic fundamentals of Turkey, adding that he hopes the country will post a current account surplus next year.
Reporting by Ezgi Erkoyun and Tuvan Gumrukcu; Editing by Mark Porter
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