Turkey needs to halt the sharp slide of the lira quickly, credit rating agency Fitch told Reuters on Thursday, warning the country’s situation had worsened since its downgrade just a month ago. The lira slumped to a record low in Istanbul, as a US move to impose sanctions on Turkey over a jailed American pastor compounded long-running worries over inflation and general economic mismanagement. “We...
from merihnews http://www.merihnews.com/2018/08/10/fitch-says-turkey-needs-to-quickly-halt-sharp-slide-of-lira-report/
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