(Bloomberg) Turkey is making it costlier for banks to offer short-term deposits that make up the bulk of a $124 billion government-backed lira savings program, a tightening of policy that will soak up billions in liquidity and attempts to discourage people from shifting into dollars. Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackCiti Plans Job Cuts as It Revamps Top Management StructureChina Sows Fresh Confusion About Apple With Security RemarksLuxury Cruise
(Bloomberg) Turkish President Recep Tayyip Erdogan is fully onboard with new policies that require monetary tightening, according to the country’s finance minister, in the latest show of unity over ending an era of cheap money.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackChina Seeks to Broaden iPhone Ban to State Firms, A
(Bloomberg) Turkish President Recep Tayyip Erdogan is fully onboard with new policies that require monetary tightening, according to the country’s finance minister, in the latest show of unity over ending an era of cheap money.Most Read from BloombergChina Seeks to Broaden iPhone Ban to State Firms, AgenciesIndia’s Moment Has Arrived, and Modi Wants a New Global OrderSoaring US Dollar Raises Alarm as China, Japan Escalate FX PushbackFed Set to Double Its Economic Growth Forecast After Strong
Turkey s New-Look Central Bank to Keep Rate-Hike Pace bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.