Non-residents' holdings of Turkish bonds fell by USD 673.7mn to USD 48.29bn USD in the week ending Jan 24 , according to data on the Central Bank website. Foreign investors' equity holdings, on the other hand, recorded a rise of USD 0.6mn over the same period to USD 46.9bn . Foreign investors' bond holdings stood at USD 52.7bn at the end of 2013. Turkey will not experience a capital outflow this year, finance minister Mehmet Simsek said on Thursday, noting that he recently met around 500 foreign investors in London and New York . Foreign investors have positive medium and long-term views about the Turkish market, according to the minister. The government will seek to improve the investment environment and continue reforms, Simsek said, also ruling out speculations that the government will introduce restrictions on capital movements. Any changes in the current floating exchange regime are not on the government's agenda either, Simsek added. Simsek made these comments after PM Recep Tayyip Erdogan said earlier this week that the government had plan B and C. Erdogan openly expressed his dissatisfaction with the Central Bank's rate hike decision, saying that he would be patient and would wait for a while to see the impact of the rate hike. His government may announce some out of ordinary measures, Erdogan said without providing details. Simsek on Thursday did not elaborate on those possible measures but only said that the government was not discussing tax breaks for certain sectors to boost the economy.
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