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Sunday, January 09, 2011

Positive 2011 Outlook for Turkey

"Positive 2011 Outlook for Turkey
by: Edward Hugh January 09, 2011 | about: TUR

Given the controversial nature of the new monetary policy experiment, it is likely that the country's inflation rate will come under increasing scrutiny. After keeping its benchmark interest rate unchanged at 7% since November 2009, the central bank has now lowered the rate to 6.5%, even as the economy continues to show signs of strong growth in credit driven consumer demand."

More:Positive 2011 Outlook for Turkey - Seeking Alpha