ISTANBUL -- Remarks by Turkish President Recep Tayyip Erdogan urging the central bank chief to lower interest rates battered the lira down to fresh lows against the dollar early Wednesday morning here, rattling the currency market with his unconventional monetary views.
Economy
Erdogan's call for rate cut drives Turkey's lira to fresh lows
Leader's call for lower rates by 'July or August' rattles currency markets
Turkish President Recep Tayyip Erdogan has ousted three central bank chiefs in two years. © Reuters
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