A move by the Turkish Central Bank last spring to raise its overnight lending rates by 4.25 percentage points to 17.5% in response to a major outflow of capital from emerging markets in May and June fuelled expectations for a contraction in the latter half of 2006.
Kada je prošlog proleća turska centralna banka podigla kamate na pozajmice za 4,25 procentna poena na 17,5 odsto reagujući na snažan odliv kapitala sa novih tržišta u maju i junu, to je pojačalo očekivanja da će doći do stezanja u drugoj polovini 2006.