Turkey Takes Steps to Curb Credit Boom through New Lending Rules

Turkey’s central bank implements new lending regulations to regulate credit-card expenditures and loans in specific sectors, as part of its strategy to manage inflation while avoiding adverse economic consequences. Learn more at Bloomberg:

https://www.bloomberg.com/news/articles/2023-07-25/turkey-tightens-the-screws-on-credit-boom-with-new-lending-rules?srnd=markets-vp#xj4y7vzkg