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Thursday, June 19, 2014

Turkish markets boosted by Fed rate policy outlook - Al Arabiya News

Turkish markets boosted by Fed rate policy outlook
Turkey relies on foreign capital inflows to finance its large current account deficit. (File photo: Shutterstock)
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By Seda Sezer | Reuters, Istanbul
Thursday, 19 June 2014

ISTANBUL, June 19 (Reuters) - Turkish markets gained after the U.S. Federal Reserve committed to keeping monetary policy accommodative, improving sentiment towards riskier assets and easing the Turkish central bank's hand for rate cuts.

More:Turkish markets boosted by Fed rate policy outlook - Al Arabiya News