Yilmaz on Turkey's monetary & exchange rate policy

In the speech 'Turkey's monetary and exchange rate policy for 2007' given on 13 December Durmus Yilmaz of the Central Bank of Turkey said the central bank deems the stability and development of financial markets as a supporting objective for the effective implementation of policies pertaining to price stability.

"As a matter of fact, compatible with the floating exchange rate regime, the Central Bank has taken measures towards maintaining financial stability several times in the last four years

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