Turkey's central bank overhauls strategic plan following turmoil earlier this year

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The Central Bank of the Republic of Turkey (CBRT) has overhauled its four-year strategic plan in view of "changed external and economic conditions" after a dramatic reversal of capital inflows forced the bank to hike its suite of interest rates in January, putting downward pressure on growth.

The strategic plan, which replaces one introduced in 2011 that was scheduled to expire next year, "serves as an essential road map for the CBRT and a driving force" for the bank's different operations, the

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