Turkey in first rate hike for 3 years to boost lira
The hike initially prompted a rally in the value of the Turkish lira but it then lost ground after the European Parliament voted to freeze EU membership talks with Turkey.
Nov 25, 2016, 01:51 AM ISTTurkish central bank hints of further rate cut
The governor of Turkey`s central bank hinted Monday that another small cut in interest rates is likely at the end of the month, deflecting calls by the government for quicker action.
Jun 16, 2014, 20:07 PM IST