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Monday, January 02, 2012

Turkey Central Bank Tightens Policy as Inflation Accelerates - Businessweek

Turkey Central Bank Tightens Policy as Inflation Accelerates
January 02, 2012, 8:42 AM EST

By Steve Bryant

Jan. 2 (Bloomberg) -- Turkey’s central bank said it’s squeezing lira liquidity to combat price rises that may push year-end inflation above 10 percent for the first time since 2008.

More:Turkey Central Bank Tightens Policy as Inflation Accelerates - Businessweek