Turkey's central bank on Thursday delivered what it said was the final interest rate hike of a historic tightening cycle that more than quintupled
Turkey’s central bank on Thursday delivered what it said was the final interest rate hike of a historic tightening cycle that more than quintupled borrowing costs to fight record inflation. The bank lifted its policy rate to 45 percent from 42.5 percent and said the level was sufficient to start easing Turkey’s dire cost of […]
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