The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
By Santul Nerkar from NYT Business https://ift.tt/ugUTI6V
Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation
Economic Conditions and Trends, Interest Rates, Inflation (Economics)
The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
By Santul Nerkar from NYT Business https://ift.tt/ugUTI6V
The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
By Santul Nerkar from NYT Business https://ift.tt/ugUTI6V
Posted by Rishav Kumar
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