DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister ...
Read More »Turkey’s Central Bank plans to tighten liquidity to prop up lira
Bloomberg Turkey’s central bank is taking more steps to prop up a tumbling currency by forcing banks to borrow at a higher rate, said a person with direct knowledge of the matter. The lira surged against the dollar. The central bank didn’t offer any funding to local lenders at 8 percent through the one-week repo auction on Thursday, with ...
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