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The Turkish Lira took no prisoners on Thursday when sweeping the board of opposition from major developed and emerging market currencies alike after the Central Bank of the Republic of Turkey defied a sceptical market and pressure from Ankara when leaving interest rates unchanged in its latest policy decision.
August 13,2021
The Lira advanced against the Dollar, Pound and Euro in a favourable market for risky currencies on Wednesday after the Central Bank of the Republic of Turkey continued its bid to reduce inflation which, alongside Ankara, may test the CBRT and Lira’s resolve over the coming months.
July 14,2021
The Turkish Lira has been an unlikely outperformer over the recent month but will need the Central Bank of the Republic of Turkey (CBRT) to defy pressure from Ankara for a reduction of interest rates this Wednesday and in the months afterward if its recovery is to continue.
July 14,2021
The Bank of England meets to decide on interest rates and guide markets on policy on Thursday December 14 - this will be the last major set-piece for Pound Sterling in 2017.
December 15,2016
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