Turkey freezes $21.4 billion in funds after cash crunch triggers selloff

$21.4 billion in Turkish funds were suspended by the securities regulator in September 2026, Reuters reported, after cash shortages to pay exiting investors forced share sales, driving prices down. Authorities stepped in to steady markets, and Borsa Istanbul regained some ground Sept. 17. In my view, this freeze pauses withdrawals; investors are paid only as holdings are sold.