


| Turkey’s cratering markets stoke speculation over extreme measures |
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President Recep Tayyip Erdogan is a staunch critic of higher interest rates and investors worry that he may be standing in the way of Turkey's central bank. — Reuters pic. ISTANBUL, Aug 8 — Desperate measures are in the air in Turkey: Trading rooms are awash with talk of a bailout by the International Monetary Fund and potential capital controls.
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