Turkey delivers big rate hike to 15 but Uturn still underwhelms

People exchange money at an exchange office in Istanbul, Turkey, June 22. EPA-Yonhap Turkey’s central bank hiked its key rate by 650 basis points to 15 percent on Thursday and said it would go further in a reversal of President Tayyip Erdogan’s policy, although the post-election tightening missed expectations and…Read More

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