CBRT says closely monitoring "unhealthy" price formations in the market

Author: Justin Low | Category: Central Banks

Turkey's central bank comes out with a statement

  • Necessary steps will be taken
  • Considering the impact of these developments on the inflation outlook
The Turkish lira is now paring back losses after falling to a record low of more than 4.50 against the US dollar earlier.


Here's a better picture of the situation today:


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