Investors eye Thursday meeting of Turkish Central Bank amid currency volatility
ANKARA: The Turkish lira continues to suffer heavy losses against foreign currencies. It plummeted to nearly 15 to the dollar on Monday before the Central Bank of Turkey intervened. Worries about the country’s ongoing economic policy are increasing among domestic and international investors, and another interest rate cut by 100 basis points to 14 percent is expected during
Source: arabnews.com
