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Monday, June 06, 2011

Turkey: Inflation Challenges 'Unorthodox' Bank Policy - CNBC

"Turkey: Inflation Challenges 'Unorthodox' Bank Policy
Published: Monday, 6 Jun 2011 | 5:27 AM ET

While its stock exchange was a shining performer last year, Turkey is now facing the reality of an unorthodox monetary policy that is failing to gain traction. It comes ahead of an important election on June 12, and raises some serious concerns among foreign investors as to whether the world’s 17th biggest economy is overheating. "

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