Sunday, June 06, 2021

From Best to Worst: Investors Are Souring on Turkey’s Markets - Bloomberg

From Best to Worst: Investors Are Souring on Turkey’s Markets By Tugce Ozsoy and Selcuk Gokoluk June 6, 2021, 12:00 AM EDT In just three months, the Turkish lira has gone from best to worst. The currency is the victim of the head-spinning policy swerves of President Recep Tayyip Erdogan, who is once again pressing policymakers to cut rates even as inflation remains at almost 17%. More:From Best to Worst: Investors Are Souring on Turkey’s Markets - Bloomberg