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Statement on Markets and Funds from Treasury and Finance Minister Şimşek
Treasury and Finance Minister Mehmet Şimşek stated that there is no widespread risk in market developments, and announced that 131 funds have been taken into the liquidation process by the CMB due to problems detected in certain funds.
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Economy
CMB Fund Liquidation and Rise in Gold Prices Followed in Markets
While the Capital Markets Board announced the liquidation of seven funds, experts emphasize that the process does not mean investments are lost. On the global front, spot gold and precious metals are rising while oil prices experience a decline.
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Economy