{"id":4038,"date":"2018-08-14T22:53:37","date_gmt":"2018-08-14T22:53:37","guid":{"rendered":"http:\/\/blogs.plymouth.ac.uk\/dcss\/?p=4038"},"modified":"2018-08-14T22:53:37","modified_gmt":"2018-08-14T22:53:37","slug":"turkey-tries-to-contain-crisis-takes-first-steps-to-bolster-as-lira-plunges","status":"publish","type":"post","link":"https:\/\/blogs.plymouth.ac.uk\/dcss\/2018\/08\/14\/turkey-tries-to-contain-crisis-takes-first-steps-to-bolster-as-lira-plunges\/","title":{"rendered":"TURKEY TRIES TO CONTAIN CRISIS TAKES FIRST STEPS TO BOLSTER AS LIRA PLUNGES"},"content":{"rendered":"<p><a href=\"http:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-3593\" src=\"http:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira.jpg\" alt=\"\" width=\"1000\" height=\"799\" srcset=\"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira.jpg 1000w, https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira-300x240.jpg 300w, https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira-768x614.jpg 768w, https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira-560x447.jpg 560w, https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira-260x208.jpg 260w, https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-content\/uploads\/sites\/50\/2018\/05\/Turkish_lira-160x128.jpg 160w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><\/p>\n<p>Source: Financial Post<\/p>\n<p>By Onur Ant, Asli Kandemir and Constantine Courcoulas<\/p>\n<p>Turkish policy makers made their first move to bolster the financial system and investor confidence amid a plunge in the lira. The currency, stocks and bonds extended their decline.<\/p>\n<p>Promising to \u201ctake all necessary measures,\u201d the central bank in Ankara lowered the amount commercial lenders must park at the regulator and eased rules that govern how they manage their lira and foreign-currency liquidity. While there was no mention of higher interest rates, it said all options were on the table.<\/p>\n<p>\u201cThe central bank will closely monitor the market depth and price formations, and take all necessary measures to maintain financial stability, if deemed necessary,\u201d according to the statement released early Monday.<\/p>\n<p>Read more at: https:\/\/business.financialpost.com\/news\/economy\/turkey-tries-to-contain-crisis-takes-first-steps-to-bolster-banks-as-lira-plunges<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: Financial Post By Onur Ant, Asli Kandemir and Constantine Courcoulas Turkish policy makers made their first move to bolster the financial system and investor confidence amid a plunge in the lira. The currency, stocks and bonds extended their decline. Promising to \u201ctake all necessary measures,\u201d the central bank in Ankara lowered the amount commercial&hellip; <a class=\"more-link\" href=\"https:\/\/blogs.plymouth.ac.uk\/dcss\/2018\/08\/14\/turkey-tries-to-contain-crisis-takes-first-steps-to-bolster-as-lira-plunges\/\">Continue reading <span class=\"screen-reader-text\">TURKEY TRIES TO CONTAIN CRISIS TAKES FIRST STEPS TO BOLSTER AS LIRA PLUNGES<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":3593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-4038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-security-and-strategy","entry"],"_links":{"self":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/4038","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/comments?post=4038"}],"version-history":[{"count":1,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/4038\/revisions"}],"predecessor-version":[{"id":4039,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/posts\/4038\/revisions\/4039"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/media\/3593"}],"wp:attachment":[{"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/media?parent=4038"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/categories?post=4038"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.plymouth.ac.uk\/dcss\/wp-json\/wp\/v2\/tags?post=4038"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}