Capital inflows to Turkey spur rate cut plan

Article reports that Turkey’s central bank was considering cutting interest rates December 2010 in an attempt to stem excessive capital inflows, even though its economy would have been one of the world’s fastest-growing in 2010.

ESO: Background information: Standing out for good reasons at last http://www.europeansources.info/record/standing-out-for-good-reasons-at-last/

Website: Central Bank of the Republic of Turkey http://www.tcmb.gov.tr/yeni/eng/

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