We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Policy twist

29 August 2013 By Una Galani

The central bank has ruled out raising interest rates to defend the lira but can only count on a thinning cushion of foreign reserves. Governor Erdem Basci hinted at expanding his unorthodox policy tool kit. In such uncertain times, such creativity will have to be compelling.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)