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Turkish business lobbies says tighter monetary policy needed to stabilise lira

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By Reuters
Turkish business lobbies says tighter monetary policy needed to stabilise lira
Buildings at the business and financial district of Maslak are seen in Istanbul, Turkey, November 30, 2017. REUTERS/Murad Sezer   -   Copyright  MURAD SEZER(Reuters)

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)