IMF says it has not received any indication Turkey will ask it for assistance

Has the IMF not heard the news? Qatar to the rescue!

• USD/TRY falls below 6.00 as Qatar pledges investment

IMF spokesperson:

• In light of recent market volatility, Turkey needs to demonstrate commitment to sound macroeconomic policies to promote economic stability, reduce imbalances
• IMF has not received any indication from Turkish authorities that they are contemplating a request for imf financial assistance
• IMF has called on Turkey to tighten policies to address economic imbalances, will keep monitoring situation closely
• IMF needs to ensure full operational independence to the central bank to pursue mandate of security price stability

via Reuters headlines