Turkey Lets Lira Fall Quicker to Avoid Future Devaluation Risk

Turkey Lets Lira Fall Quicker to Avoid Future Devaluation Risk

Turkey is allowing the lira to slide more quickly in order to prevent sharper weakness in the longer term, central bank Governor Fatih Karahan told investors at meetings in Bangkok, according to people with direct knowledge of the matter.

Turkey is allowing the lira to slide more quickly in order to prevent sharper weakness in the longer term, central bank Governor Fatih Karahan told investors at meetings in Bangkok, according to people with direct knowledge of the matter.
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Bloomberg — Markets (EN)




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