Tag: Central Bank Intervention

Ruble’s Rally Stumbles After Interest-Rate Cut

Ruble’s Rally Stumbles After Interest-Rate Cut

A rally in the Russian ruble that made it the world’s best performing major currency reversed itself for a second day Friday fo [...]
Turkish Lira, Stocks Sink Amid Inflation Concerns

Turkish Lira, Stocks Sink Amid Inflation Concerns

Istanbul’s stock market was twice forced to halt trading and the Turkish lira continued to fall Friday as concerns deepened that recent interest-ra [...]
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