OREANDA-NEWS Turkish Finance and Treasury Minister Mehmet Shimshek said against the background of the falling market and the national currency, the lira, that the government is taking measures for the "healthy functioning of the markets."

Earlier on Wednesday, Istanbul's main prosecutor's office announced the detention of opposition mayor Ekrem Imamoglu in the case of an organization involved in corruption, bribery and bribery.

"Everything necessary is being done for the healthy functioning of the markets. The economic program that we are implementing continues with determination," Shimshek wrote on the social network.

As of 11.55 Moscow time, the dollar against the Turkish lira rose by 6.79% to 39.175 lira per dollar from the previous closing level of 36.6825 lira. Earlier in the course of trading, the dollar against the lira jumped by more than 10%, rising above 41 lira for the first time. The main index of the Istanbul Stock Exchange BIST 100 fell by 6.87% at the opening amid reports of the detention of the mayor of Istanbul.