Turkey's trade deficit widens to $10.2B in June, double one year ago, and confounding central...

|By:, SA News Editor

Turkey's trade deficit widens to $10.2B in June, double one year ago, and confounding central bank assurances the gap is coming under control. Despite an overheating economy, the central bank has no plans to hike interest rates, believing such a move would only draw more capital into the country.