"Investors Look to Unlock Turkish Riddle
BY JOE PARKINSON
ISTANBUL—Turkish central bank Governor Erdem Basci is to deliver his quarterly inflation report on Thursday as investors' patience with his unorthodox monetary policy is wearing thin.
On Monday, mounting investor nerves over U.S. and euro-zone debt woes combined with the governor's persistently dovish stance to spark a dramatic selloff of Turkish assets, prompting the bank to suspended its daily dollar-buying auctions and cut reserve requirements on one-year foreign-exchange deposits."
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