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Turkey attempts a unique policy experiment: By lowering rates, its central bank seeks to curb...

Turkey attempts a unique policy experiment: By lowering rates, its central bank seeks to curb "hot money" flows seeking high yields. By raising reserve requirements, the bank hopes to slow booming credit growth. China and Brazil will be paying attention.
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  • bob adamson
    , contributor
    Comments (4558) | Send Message
     
    Canada is also tending in this direction.
    17 Dec 2010, 03:18 PM Reply Like
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