Nobody should worry about future steps of Turkey central bank

Vastavam web: The Turkish Central Bank is doing what is necessary on monetary policy and nobody should worry about the future steps it will take, one of President Tayyip Erdogan’s top economic advisers said on Friday.Cemil Ertem told state broadcaster TRT Haber that exchange rates can be one factor in monetary policy but the central bank does not determine policies solely looking at forex rates. The lira TRYTOM=3 hit record lows against the dollar this week and has weakened some 10 percent this year.