Turkey Central Bank Undoes Tightening After Adding Lira Defenses
Turkish 20 lira banknotes sit on the counter of a currency exchange bureau in Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)

Turkey Central Bank Undoes Tightening After Adding Lira Defenses

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(Bloomberg) -- Turkey’s central bank effectively rolled back a limited tightening of monetary policy it delivered this month, adding strain to the lira weeks before President Recep Tayyip Erdogan’s...
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