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Western Asset Management Co

Western Asset Management Co latest

To prop up the lira, the central bank said on December 24 it will sell at least $6bn in auctions through the end of January and make it more costly for lenders to park foreign currencies in the bank’s coffers.
January 5th, 2014 - 03:55 GMT

The crisis persists: Turkey's stock markets are floundering and it's about more than corruption

“This is going to make Turkey stick out like a sore thumb,” Arnab Das, founder of London-based consultancy Das Capital, said in a telephone interview on December 26.
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