The opposition leader's detention triggers the Turkish stock and foreign exchange markets.

On March 19, Jinshi Data reported that the Turkish lira continued to depreciate against the US dollar on Wednesday, once hitting a record low of 37.3205. The Turkish benchmark stock index fell, triggering the circuit breaker mechanism. The main Turkish stock index, BIST-100, fell nearly 7% in the morning session. Earlier, foreign media reported that Turkey's President Erdogan's main competitor, Ekrem Imamoglu, was detained on charges including corruption and aiding a terrorist organization. Turkey's main opposition party called it a "coup attempt against the next president." Meanwhile, President Erdogan is trying to reshape the European security architecture, especially focusing on Turkey's position in Europe and corresponding strategic economic decisions, leading to significant changes in the currency market. Media analysis indicates that this not only has a major impact on Turkey but also on its trade partners, which now must readjust their diplomatic strategies to adapt to these changes. Looking ahead, as Turkey reassesses its economic development goals, the world will be watching to see how the country plans to redefine its currency and its positioning in the complex global economic relationship network, especially in the context of negotiations involving Europe.