Earlier:
- Turkish election update - with nearly 90% of votes counted Erdogan's vote is below 50%
- Turkish opposition party says a run-off vote for president is highly likely (May 28 date)
Reminder:
- if no candidate gets more than 50% of the vote a runoff vote will be triggered, the date for this would be May 28.
Erdogan has never faced a runoff before.
As for parliament, the news for Erdogan is better. His bloc / alliance looks set for a majority with 323 seats in the 600-seat Turkish parliament. This is ahead of what polls suggested.
As I mentioned earlier, there are reports of Turkey's state banks buying TRY to support the currency.
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(As a note folks, I had to repost this, the earlier one seems to have been attacked by tech gremlins!)