Turkey Central Bank Shocks with Another 100bp Cut Accelerating Turkish Lira Free Fall

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  • #37398
    ThePitBoss
    Participant

    jeroen blokland @jsblokland

    Erdogan wants to be a key mediator in the #Ukraine war. And while he may add value there, he faces some big challenges back home with the Turkish #Lira making new lows every day now and #inflation already at 70% (no that is not a typo).

    • This reply was modified 2 years, 1 month ago by ThePitBoss.
    #31357
    Helmholtz Watson
    Participant

    The Central Bank of Turkey unexpectedly cut its interest rate by 100bps to 12% at its September 2022 meeting on Thursday bank cut key interest rates f
    [See the full post at: Turkey Central Bank Shocks with Another 100bp Cut Accelerating Turkish Lira Free Fall]

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