Turkish lira pulls back from record low, markets rattled
The currency has lost more than 40 percent against the dollar this year, largely over worries about President Tayyip Erdogan`s influence over the economy, his repeated calls for lower interest rates, and worsening ties with the United States.
Aug 13, 2018, 16:31 PM ISTTurkey central bank keeps rates unchanged after polls
The bank said in a statement after its latest monetary policy committee meeting that the one-week repurchase rate would be kept at 7.50 percent, the marginal funding rate at 10.75 percent and the borrowing rate at 7.25 percent.
Jun 23, 2015, 21:30 PM IST