Turkey: rate decision acid test for central bank | beyondbrics:
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The Turkish lira hit the latest in a series of all-time lows against the dollar on Monday when it fell to TL2.502, on a day when the country’s new economy minister said a further slide would not be a problem and called on the central bank not to increase interest rates.
An interest rate rise might in normal circumstances be expected at the bank’s monetary policy committee meeting on Tuesday.
But this is Turkey."
'via Blog this'
"
An interest rate rise might in normal circumstances be expected at the bank’s monetary policy committee meeting on Tuesday.
But this is Turkey."
'via Blog this'
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