Government
15 May 2023, 7:28 pm 1 minute
Reuters led reporting of the Turkish presidential elections, from initial reports showing President Erdogan’s comfortable lead to the subsequent local news of his lead dropping below 50%, making a runoff likely. With Erdogan facing the most credible challenge to his power in two decades, markets were watching the results closely. The lira and stock markets fell sharply as Erdogan’s position went against polling results in the runup to the election.
Market Impact
The lira and stock markets fell sharply as Erdogan’s strong result went against what had been seen in polling in the runup to the election.
Article Tags
Topics of Interest: Government
Type: Reuters Best
Sectors: Government & Public Services
Regions: Middle East
Countries: Turkey
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story