Turkish Inflation Rate Rose in December, Straining Central Bank Rates Plan
By Steve Bryant and Ali Berat Meric - Jan 3, 2012 3:38 AM ET
Inflation in Turkey accelerated to almost double the official target as the central bank sells dollars and squeezes liquidity to halt a decline in the lira that’s pushing prices up.
More:Turkish Inflation Rate Rose in December, Straining Central Bank Rates Plan - Bloomberg
