Can Anything Stem the Slide in the Turkish Lira?
The Turkish lira was the worst-performer among its major peers as investors said nothing short of higher interest rates will stem its decline after the central bank on Tuesday lowered the level of foreign-exchange reserves it requires commercial lenders to hold. Bloomberg's Constantine Courcoulas reports on "Bloomberg Markets: Middle East." (Source: Bloomberg)
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Full Show: Surveillance (08/17)
32:15 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Steven Major, global head of fixed income at HSBC, Stan Collender, executive vice president at Qorvis MSLGROUP, and Brian Levitt, senior investment strategist at OppenheimerFunds. (Source: Bloomberg)