Turkish President Recep Tayyip Erdogan is set to meet with the leader of El Salvador, the first country to make bitcoin legal tender
ISTANBUL—Turkish President Recep Tayyip Erdogan is set to meet Thursday with the leader of El Salvador, the first country to make bitcoin legal tender, while the Turkish central bank kept interest rates on hold in a move that will likely do little to arrest the country’s currency crisis., Turks and foreign investors are watching closely to see if the meeting between Mr.
Separately, Turkey’s central bank held its benchmark one-week repo rate at 14% Thursday. Officials cut rates in the four consecutive months prior, accelerating the collapse in the currency.
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