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Turkish business lobbies says tighter monetary policy needed to stabilise lira

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)
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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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