Turkish stocks were set for their worst week since the aftermath of 2008’s Lehman Brothers collapse on Friday as concerns about this week’s detention of President Tayyip Erdogan’s main political rival refused to subside.  Without the aid needed from the Finance Ministry, Central Bank (CBRT) is left to fend off the panic by its own … Continue reading Turkey Central Bank estimated to have burned through $10-25 bn in FX reserves to defend currency