Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority hiked the ...
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During an emergency meeting on March 20, the Central Bank of the Republic of Turkey (CBRT) raised its overnight lending rate by 200 basis points to 46% as it attempted to stem a fall in the value of ...
Turkey’s central bank raised its overnight lending rate to 46% from 44% in a surprise meeting on Thursday, attempting to the stem the impact of inflation after the slide in the lira this week.
Hundreds of people were arrested during protests in Turkey overnight, as the main opposition party planned to nominate the imprisoned mayor of Istanbul as its presidential candidate.
(Bloomberg) -- Turkey’s central bank raised one of its key interest rates in a surprise meeting on Thursday, the latest move by authorities to reverse a decline in the lira. The monetary authority ...
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