Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations

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Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations

https://www.cnbc.com/2023/11/23/turkeys-central-bank-hikes-interest-rate-by-500-basis-points-to-40percent-above-expectations.html

Turkey's central bank on Thursday hiked its main interest rate by 500 basis points to 40% in a move that was larger than expected by economists.

Turkey's central bank hikes interest rate by 500 basis points to 40%, well above expectations