Turkey Said to See Fewer Lira Interventions as Inflation Slows

By Yahoo! Finance   |   1 year ago
Turkey Said to See Fewer Lira Interventions as Inflation Slows

A Turkish central banker informed investors of plans to reduce interventions in the foreign-exchange market over time. Deputy Governor Cevdet Akcay stated that improving inflation and financial stability would lead to a less interventionist currency regime. This shift aims to address market deficiencies and promote a more stable currency valuation.

Read More

Did you find this insightful?