Comment on Market Extra: Turkish central bank struggles to stabilize falling lira as Erdogan bashes policy makers

Market Extra: Turkish central bank struggles to stabilize falling lira as Erdogan bashes policy makers

The Central Bank of the Republic of Turkey implements a back door interest rate hike on Tuesday in an effort to calm the spiraling Turkish lira and spiking bond yields as it faces criticism from the nation’s president over tight monetary policy.

 

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