tigergorzow Posted January 13, 2017 Report Share Posted January 13, 2017 Turkey’s Central Bank Announces New Measures to Boost Lira Currency has been 2017’s worst-performing By Yeliz Candemir Yeliz Candemir The Wall Street Journal BiographyYeliz Candemir @dowjones_yeliz yeliz.candemir@dowjones.com Jan. 13, 2017 12:21 p.m. ET ISTANBUL—Turkey’s central bank on Friday announced fresh measures on lira liquidity management to prop up the currency, in a move to raise borrowing costs for banks. The central bank said in a statement that it halved banks’ borrowing limits at the interbank money market to 11 billion Turkish lira to become effective Monday. http://www.wsj.com/articles/turkeys-central-bank-announces-new-measures-to-boost-lira-1484328065 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.