Kenç: one eye on growth, the other on the current account deficit

Gerald Hayes

January 07, 2014 06:15 PM

The Central Bank of the Republic of Turkey (CBRT) has come under some criticism in recent years for an unorthodox monetary policy regarded by some economists as too dovish. Others say that the CBRT has been very successful in managing the delicate balance between controlling inflation and supporting sustainable growth. In this interview, CBRT deputy governor Turalay Kenç shares his views with EuroWeek’s Phil Moore on Turkey’s monetary policy and on the prospects for growth, inflation and the current account deficit.

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