Analysis - Economy becomes liability for Turkey's scandal-hit government


  • World
  • Friday, 03 Jan 2014

ISTANBUL (Reuters) - When a senior Turkish businessman publicly criticised the central bank this week for failing to stabilise the tumbling lira currency, he was taking aim at a pillar of support for the government: its reputation for strong economic management.

Monetary policy "is causing losses to companies which made transactions trusting in the central bank", complained Mehmet Buyukeksi, head of the Turkish Exporters Assembly, an umbrella group for about 52,000 companies.

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