Posts Tagged ‘dollarisation’

Turkey: Erdogan unveils anti-dollarisation measures, Lira goes up

Turkey’s lira mounted a massive turnaround late on Monday after President Erdogan introduced a series of steps that he said will ease the burden of the ailing currency on Turks while vowing to press on with a low-rates policy that led to the currency slide, reports Reuters. The lira, which was down more than 11% […]

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