Tuesday, January 24, 2017

Turkey Expected to Raise Rates After ‘Backdoor’ Moves to Bolster Lira - Bloomberg

Turkey Expected to Raise Rates After ‘Backdoor’ Moves to Bolster Lira
by Onur Ant
and Constantine Courcoulas
January 23, 2017, 10:19 PM GMT+8 January 24, 2017, 3:14 PM GMT+8

Turkey’s central bank is likely to step up efforts to prop up the lira with higher interest rates, seeking to build momentum after a series of extraordinary measures to tighten liquidity.

More:Turkey Expected to Raise Rates After ‘Backdoor’ Moves to Bolster Lira - Bloomberg