Following bigger than expected interest rate rise, Turkish lira remains volatile
Turkish rate hike gives only temporary relief
By PAN PYLAS and SUZAN FRASER | Associated Press | Jan 29, 2014 6:55 AM CST in Money, Politics
ANKARA, Turkey (AP) — Bold action by Turkey's central bank gave the national currency only a brief lift as investors worried that aggressive interest rate increases may not work in bringing an end to the market volatility.
More:Following bigger than expected interest rate rise, Turkish lira remains volatile - 1/29/2014 6:55:14 AM | Newser
