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Turkey 2012 inflation target easily achievable
Turkish Central Bank Governor Erdem Basci said on Friday the bank’s inflation target of 5 percent for end-2012 is easily achievable and the measures implemented for financial stability are meeting their goals.
He also said, in an e-mailed statementm that there had been a significant improvement in Turkey’s current account deficit since July.
He added that the pace and composition of credit growth was moving as desired by the central bank.
24.09.2011
SOURCE: SABAH ENGLISH
