Defiant bank
TURKISH President Recep Tayyip Erdogan has criticised the central bank for sharply raising interest rates to stem a currency crisis. The move suggests it is asserting its independence Mr Erdogan’s pressure to keep rates low.
TURKISH President Recep Tayyip Erdogan has criticised the central bank for sharply raising interest rates to stem a currency crisis. The move suggests it is asserting its independence Mr Erdogan’s pressure to keep rates low.