Turkish business chief criticises central bank as lira falls further
Governor says central bank is working to make Turkish firms use more lira-denominated assets
Turkey’s currency remained near its record low against the US dollar as one of the country’s major business lobby groups publicly criticised the central bank.
Erdal Bahçıvan, chairman of the Istanbul Chamber of Industry, said the Turkish central bank was severely restricting credit to firms that were not major exporters. He was speaking on July 29 to an audience that included central bank governor Şahap Kavcıoğlu, Reuters reported.
The central bank, state-owned export-import bank Türk Eximbank
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