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The central bank left interest rates unchanged. It promised to stay rates lower for a couple of more years to sustain the economic recovery. With rates hovering near zero until
On Monday, Moody’s Investor Services lowered Turkey’s credit rating from “B1” to “B2,” warning of a more severe financial crisis. The agency listed the country’s external vulnerabilities that could balance
The lira plunged to a record low at the start of the trading week after one among the world’s premier credit rating agencies struck Turkey with a credit downgrade and
The central bank left interest rates unchanged, and it promised to keep the rates lower for a few more years to sustain the economic recovery. With rates hovering near zero
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