UPDATE 1-Turkish central bank slashes rates as threat of sanctions fades
Turkey’s central bank slashed
rates by a more than expected 250 points to 14% on Thursday,
taking advantage of an inflation dip and a steadier lira after
Washington cancelled just-announced sanctions over a military
incursion into Syria.
rates by a more than expected 250 points to 14% on Thursday,
taking advantage of an inflation dip and a steadier lira after
Washington cancelled just-announced sanctions over a military
incursion into Syria.
Posted by Reuters
