Turkish PM blames central bank over exchange rate

The Turkish prime minister has apparently laid blame for the fall in the countries exchange rate at the door of the central bank. He said that having to cut interest rates made it even more difficult to raise the exchange rate.

Source: NTV television, Turkey

[Announcer] Prime Minister Recep Tayyip Erdogan has held the Central Bank responsible for the drop in the foreign currency rates. Reacting to Erdogan's claims, Republican People's Party [CHP] leader Deniz Baykal, in turn, declared that the