Regulation, Risk & Compliance
Trading, Broking & Stock Exchanges
Uncategorized
Turkey hikes rates to rescue lira
Turkey’s central bank hiked interest rates on Thursday to support its battered currency. The regulator raised its benchmark rate to 15 percent from 10.25 during its Monetary Policy Committee (MPC) meeting. The move is seen as a show of willingness to ensure price stability under the bank’s new governor, former…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Arab News