Turkey eases forex bank loan curbs

Author (Person)
Series Title
Series Details 16.6.09
Publication Date 16/06/2009
Content Type

Turkey is to ease restrictions on local banks’ foreign currency lending, Ali Babacan, the economy minister, said on the 15 June 2009. The move would remove a distortion that artificially inflated the country’s external debt and made it harder for companies to borrow.

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