Views Article – Sharenet Wealth

Asia, Forex

Turkey’s Erdogan hopes market interest rates will fall further

ISTANBUL, Aug 10 (Reuters) – Turkish President Tayyip Erdogan said on Monday he hopes market interest rates will fall further in order to make investments in the country easier.

Speaking after a cabinet meeting, Erdogan said the Turkish banking sector’s short forex position did not pose a risk and the non-performing loan ratio was at a sustainable level. (Reporting by Ezgi Erkoyun and Ali Kucukgocmen Editing by Chris Reese)

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