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IMF loans should be paid in gold, not dollars, Turkey's president says

Section: Daily Dispatches

From Ahval News, Gibraltar
Monday, April 16, 2018

Turkish President Recep Tayyip Erdogan today suggested that International Monetary Fund loans should be paid in gold instead of dollars.

"These debts should be in gold, because at this point the karat of gold is unlike anything else. The world is continually putting us under currency pressure with the dollar," the Turkish president was quoted as saying by business news site patronlardunyasi in a speech in Istanbul. "We need to save states and nations from this currency pressure."

The president said Turkey had attracted $180 billion of international investment between 2006 and 2017. ...

... For the remainder of the report:

https://ahvalnews.com/imf-turkey/imf-loans-should-be-paid-gold-not-dolla...



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