Lütfü Elvan

President Recep Tayyip Erdoğan has met with former Finance Minister Mehmet Şimşek, according to a columnist in daily Hürriyet.

The meeting between the president and Şimşek took place on May 29 and it was "positive," said Abdülkadir Selvi, without providing other details.

Last week, when the U.S. dollar rose to a record high, the Turkish Central Bank's foreign currency and gold reserves eroded exactly $5.5 billion. They fell back to $117.5 billion, which is the highest drop since 2009 in the foreign exchange reserves, which are released on a weekly basis.

Turkish President Recep Tayyip Erdo?an has welcomed Saudi King Salman in the presidential palace with a state ceremony during the king's official three-day visit to the country.

King Salman arrived at the presidential palace accompanied by mounted troops. The king later saluted the escort of honor.

A broad police operation into the so-called ?parallel structure,? members of the Gülen movement that allegedly infiltrated the judiciary and security forces, was launched launched Jan. 20 as part of claims that they wiretapped and spied on figures including then-PM Recep Tayyip Erdo?an.