Turkey coup: military attempt to seize power from Erdogan as low flying jets and gunfire heard in Ankara

Coup attempt by parts of Turkish military against Erdogan
PM Yildirim: Nothing will harm Turkish democracy
Low flying jets and gunfire heard in Turkish capital
Both of Istanbul's bridges across the Bosphorus closed




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Erdogan 'safe'

A source from the presidential office has told Reuters that Erdogan is "safe".


Turkey's currency plummets

Turkey’s currency has suffered its heaviest fall in two months as investors took fright at a coup by the country’s military, Ben Martin reports.
The lira plunged as much as 3.8pc to 2.9901 against the dollar as money managers took fright at reports Turkey’s army had taken control of Ankara, the capital.
US Treasuries, a classic safe-haven investment, were in demand on Friday evening, with yields on American debt falling four basis points to 1.552pc. Bond yields move inversely to prices.
Timothy Ghriskey, of Solaris Asset Management, told Bloomberg: “The financial markets react very quickly to headlines like these, and it’s all about reducing risk.”


Telegraph.Uk