Turkey interest rate cut to dampen foreign investor appeal
(WorldNews Turkey)

LONDON: Turkey´s move to cut interest rates highlights the country´s economic fragility and its exposure to geopolitical risk, say analysts. The latest 75 basis point cut on Jan. 16 follows four consecutive cuts during the last four monetary policy meetings that were held last year. In a bid to stimulate growth, President Recep Tayyip Erdogan also hinted recently about...