• Turkish central bank raises rates sharply, boosts lira

    9 monthes ago - By Reuters

    Turkey's central bank raised its benchmark rate by a hefty 625 basis points on Thursday, the biggest such increase in President Tayyip Erdogan's 15-year rule, boosting the lira and possibly easing investor concern over his influence on monetary policy. Sonia Legg reports.
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  • Erdogan Overshadows Turkey's Massive Rate Hike

    9 monthes ago - By Washington Post

    The currency needs more than a 625-basis-point shot in the arm.
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