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Emerging Europe Economics Update

Emerging Europe Economics Update

Turkey MPC meeting to focus on the lira

The Central Bank of Turkey has announced that the MPC will hold an (unscheduled) interim meeting tomorrow, which, it seems, is likely to result in fresh measures to prevent a disorderly adjustment in the lira. Top of the list of policy options is a hike in the overnight borrowing rate.

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This article is tagged with the following subjects: Emerging Europe, Macro-economics, Monetary policy, Turkey
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