Central Bank

Turkey faces threat of financial crisis after lira plunges against dollar – Guardian

"Central bank forced to defend currency as traders respond to interest rate cut with sharp selloff" reports Larry Elliott in Guardian. Fears that Turkey is...

Turkey’s currency hits a new low after a surprise interest rate cut – New York Times

"The Turkish lira fell to a record low on Thursday after the central bank unexpectedly cut its benchmark interest rate, alarming investors who took...

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