It's too early for a "serious revision" to Turkish growth expectations, as the national elections will highlight the country's political stability, says Mehmet Simsek, Turkey's finance minister.
Cristian Maggio, senior emerging market strategist at TD Securities, and Elizabeth Corley, CEO at Allianz Global Investors, discuss emerging markets and which one are the most under pressure.
CNBC's Michelle Caruso-Cabrera breaks down the surprising interest rate move made by the Turkish central bank to address lira concerns.
Markets are diving after Turkey and South Africa raised interest rates, suggesting investors think many central bankers have gone too far.
CNBC's Jim Cramer explains how the interest rate hike in Turkey is causing volatility throughout global markets.
CNBC's Michelle Caruso-Cabrera reports on the latest fallout from Turkey's drastic interest rate hike and its impact on the Turkish lira.
Despite opposition from Turkey's prime minister, Turkey's central banks hiked all of its key interest rates in an effort to defend the crumbling lira, reports CNBC's Michelle Caruso-Cabrera.
Turkey's central bank raised overnight interest rates from 7.75% to 12% in an effort to defend a crumbling lira, reports CNBC's Michelle Caruso-Cabrera.
Jesse Sherman, portfolio manager at Renaissance Asset Management, says the Turkish central bank's decision to hike rate will impact 2014 growth but that it restores confidence and credibility.
Pablo Goldberg, global head of emerging markets research at HSBC, says the emerging markets will solve their economic issues and will account for 80 percent of global growth.
Jonathan Webb, Head of FX Strategy at Jefferies Bache, says the CBRT's unwillingness to raise interest rates earlier was a contributing factor to the lira's decline.
Kelvin Tay, Regional CIO, Southern APAC at UBS Wealth Management, says Turkey's aggressive rate hike could slow economic growth to 2 percent from 3 percent this year.
Richard Jerram, Chief Economist at Bank of Singapore, says Turkey's rate hike shows the central bank is independent from the government.
Ed Ponsi, Managing Director at Barchetta Capital Management says Turkey's massive rate hike is the right thing to do but it won't calm nerves across the emerging market spectrum.
Jim Paulsen, Chief Investment Strategist at Wells Capital Management, explains why he thinks the rout in emerging markets will end soon.
The Asia Squawk Box team discusses the implications on emerging markets from the Turkish central bank's aggressive rate hike.
Turkey's central bank is under enormous pressure to not raise interest rates, reports CNBC's Michelle Caruso-Cabrera.
Turkey's central bank's call to action helped stabilize emerging markets, but India's rate hike provided an added boost to confidence.
Richard Perry, analyst at Hantec Markets, charts the recent performance of the Turkish lira relative to the U.S. dollar and discusses where it's expected to go next.
CNBC's Michelle Caruso-Cabrera reports Turkey's central bank has called an emergency meeting to deal with interest rate pressure.