Turkish central bank says to maintain tight monetary policy amid high inflation

ANKARA, May 24 (Xinhua) -- Türkiye needs to maintain a tight monetary policy until inflation expectations decrease, the country's Central Bank Governor Fatih Karahan said Friday, expressing optimism for the Turkish lira's real appreciation.

"As per the latest data for April, inflation stood at 69.8 percent, and we anticipate it reaching around 75 percent in May due to base effects," he said while speaking a