Bank Indonesia raises interest rate

Global Equities Slide Amid Policy Changes in Turkey, China, and Indonesia

August 15, 2018

Turkey raised tariffs on a slew of U.S. imported goods, including the doubling of those on cars and alcoholic beverages. In a move to boost the beleaguered lira by impeding short selling of the currency, Turkish authorities also imposed curbs on currency swaps and similar vehicles. The U.S. dollar is down 3.3% against the lira […] More