Turkey s Central Bank Test Leaves Lira in Limbo

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Turkey s Central Bank Test Leaves Lira in Limbo

View photos (Bloomberg Opinion) Thursday's Monetary Policy Committee meeting of the Central Bank of Turkey will almost certainly deliver a reduction

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View photos (Bloomberg Opinion) Thursday’s Monetary Policy Committee meeting of the Central Bank of Turkey will almost certainly deliver a reduction the current 24% policy rate. The initial question is just quite how big. But the real question is: can the lira cope?The Bloomberg survey consensus is for a 225 basis point cut, but the range v […]

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