Thursday, September 10, 2015

Turkey's private sector gripped by rising debt amid weak lira - Cihan Economy News

Turkey's private sector gripped by rising debt amid weak lira

A continuous decline in the value of the lira compared to the US dollar continues to cause problems for Turkish companies as their long-term liabilities denominated in the greenback have mounted at an accelerated rate over recent months.

More:Turkey's private sector gripped by rising debt amid weak lira - Cihan Economy News