Thursday, January 30, 2014

Why world is watching Fragile Five

After three weeks of punishing losses to its currency the lira, Turkey's central bank has taken what is being viewed as decisive action to reverse negative sentiment. At an emergency meeting Tuesday, the country's main interest rate was raised by 4.25 percent to 12 percent.



from CNN.com - Top Stories http://ift.tt/1fmKOFa

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