Central Bank Says Turkish Credit Slows to ‘Reasonable’ Level
November 29, 2011, 7:00 AM EST
By Steve Bryant
(Updates with comment from bank in fourth paragraph.)
Nov. 29 (Bloomberg) -- Turkey’s central bank said credit growth slowed in the third quarter to “reasonable” levels and must stay there if the country is to see a lasting improvement in the current-account deficit.
More:Central Bank Says Turkish Credit Slows to ‘Reasonable’ Level - Businessweek