Turkish Digest Advertising Rates

Annual Advertising options

Monday, June 15, 2009

Turkey to ease limits on firms' FX borrowing - Forbes.com

"Turkey to ease limits on firms' FX borrowing
06.15.09, 06:49 AM EDT

By Orhan Coskun

ANKARA, June 15 (Reuters) - Turkey will ease restrictions on Turkish companies' ability to obtain foreign currency loans from local banks, a move expected to reduce the country's external debt, Economy Minister Ali Babacan said on Monday."

More:UPDATE 2-Turkey to ease limits on firms' FX borrowing - Forbes.com