emerging markets erdogan lira Markets turkey

Turkey’s Recently Decapitated Central Bank Gives Erdogan Massive Rate Cut

Markets were on edge headed into today's CBT meeting.

Markets were on edge headed into today's CBT meeting.
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3 comments on “Turkey’s Recently Decapitated Central Bank Gives Erdogan Massive Rate Cut

  1. If you understand why the Lira would rally, could you elaborate? It doesn’t make much sense to me, unless there’s intervention of some sort.

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