Turkey's premier Erdogan appointed his son-in-law as economy chief, assumed powers to appoint central bank chief and didnt allow CB to hike rates despite a 15% inflation. Result: Lira crashes; economy in crisis. Lessons for India: Dont mess with central bank autonomy.
— Latha Venkatesh (@latha_venkatesh) August 13, 2018
via Twitter https://twitter.com/latha_venkatesh
August 13, 2018 at 08:33AM
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