Turkish Lira Falls Again Despite Central Bank Rate Hike
After having briefly rallied, the Turkish lira has lost value again and tumbled to 4.74 against the U.S. dollar after less than a day Central Bank raised a key lending rate by 300 basis…
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Turkish Lira Rallies After Central Bank Raises Rates
Turkish lira bounced back from historic low 4.90 to 4.55 against the U.S. dollar after the Central Bank raised benchmark lending rate from 13,5% to 16,5% following an emergency meeting on…