Turkey's central bank increases interest rate to 30% as country tries to tackle inflation
Turkey’s central bank delivered another significant interest rate hike on Thursday, a reflection of the urgency among officials to counter rampant inflation and win back the trust of markets. The Monetary Policy Committee led by governor Hafize Gaye Erkan raised the benchmark rate to 30 per cent from 25 per…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: The National