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Tuesday, June 21, 2016

Turkey Cuts a Key Interest Rate for Fourth Successive Month--Update - NASDAQ.com

Turkey Cuts a Key Interest Rate for Fourth Successive Month--Update
June 21, 2016, 08:33:00 AM EDT By Dow Jones Business News

By Yeliz Candemir

ISTANBUL--Turkey's central bank cut a key interest rate for a fourth consecutive month Tuesday on the back of lira stability and slowing inflation, continuing to loosen its monetary policy despite concerns the U.K. referendum could weigh on the currency if Britain votes to leave the European Union.

More:Turkey Cuts a Key Interest Rate for Fourth Successive Month--Update - NASDAQ.com