Turkey Drops “Independence” From Central Bank Mandate As NATO’s Favorite Autocrat Strikes Again

In the nearly six months since summer elections saw AKP lose its absolute parliamentary majority in Turkey after a strong showing at the ballot box by the pro-Kurdish HDP, it’s been interesting to watch how the central bank has reacted (or, more appropriately, ‘not’ reacted) to periods of weakness in the lira.

This post was published at Zero Hedge on 11/26/2015.