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Turkey under pressure as inflation forecasts rise
Turkey’s central bank, under pressure from rising prices and a volatile drop in the lira, ratcheted up inflation forecasts on Wednesday, but its chief remained optimistic that disinflation would soon return. Governor Murat Uysal also downplayed concerns about the bank’s depleted FX reserves, which he said would naturally fluctuate during…
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Click here to read the full story: Arab News