Financial stability
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Showing posts with label
Turkey's central bank
.
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Showing posts with label
Turkey's central bank
.
Show all posts
Thursday, January 30, 2014
Turkish central bank makes massive rate hikes to stem lira fall
(Reuters) -
Turkey's central bank
hiked all its key interest rates in dramatic fashion at an emergency midnight policy meeting, ignoring opposition from Prime Minister
Tayyip Erdogan
as it battles to defend the country's crumbling lira currency.
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