A commercial street in Istanbul. Deepening trade imbalances and the world’s most negative borrowing costs when adjusted for prices have made the Turkish economy increasingly vulnerable. AP
A commercial street in Istanbul. Deepening trade imbalances and the world’s most negative borrowing costs when adjusted for prices have made the Turkish economy increasingly vulnerable. AP
Turkey tweaks banks’ reserve requirements in bid to keep loan growth in check
Central bank also raised requirements for personal accounts at lenders that did not meet the target of converting foreign currency-denominated accounts into lira
