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Turkish business lobbies says tighter monetary policy needed to stabilise lira

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Reuters ISTANBUL
Last Updated : Aug 14 2018 | 12:05 PM IST

ISTANBUL (Reuters) - Turkey's business lobbies said on Tuesday that tighter monetary policy is needed to stabilise the lira and U.S.-Turkish disputes should be solved through diplomacy.

In a joint statement, TUSIAD and TOBB Union of Chambers and Commodity Exchanges said a concrete roadmap should be prepared to lower inflation permanently.

(Reporting by Daren Butler; Writing by Ezgi Erkoyun; Editing by Dominic Evans)

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First Published: Aug 14 2018 | 11:56 AM IST

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