Turkish Lira Falls for Seventh Session After Central Bank Disappoints

Apr 27,2019 05:10   Source:Earnforex
The Turkish lira fell today, extending its decline for the seventh consecutive trading session, after Turkey’s central bank disappointed market participants by yesterday’s monetary policy statement. The Central Bank of the Republic of Turkey left its interest rates unchanged at yesterday’s monetary policy meeting. The bank said in the statement: The Committee has decided to maintain the tight monetary policy stance until inflation outlook displays a significant improvement. Traders were disappointed […]

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