Basci Delays Policy Shift as Turkey Unexpectedly Holds Rates
Onur Ant
December 22, 2015 — 7:11 AM EST
Turkey’s central bank delayed a widely anticipated shift to a simplified monetary policy, keeping interest rates on hold and saying that it will wait to see if the calm following the U.S. Federal Reserve’s increase persists.
More:Basci Delays Policy Shift as Turkey Unexpectedly Holds Rates - Bloomberg Business