Bloomberg: Türkiye allowing faster lira depreciation to avoid future devaluation risk, Karahan tells investors in Bangkok

Bloomberg reports Türkiye is allowing the lira to fall faster to avoid the risk of a future devaluation. According to sources, TCMB Governor Fatih Karahan told investors at meetings in Bangkok that the lira is being allowed to weaken more quickly to prevent a sharper decline in the long term.

Detected & updated continuously · Source: Nebula