Reuters
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Turkey shocks with big rate hike to 25%
Posted
August 24, 2023
Views
4,646
Likes
49
Engagement
1.05%
August 24, 2023
4,646
49
1.05%
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1:26Now PlayingTurkey's central bank hiked its key interest rate by a largerthanexpected 750 basis points to 25%, sparking a rare lira rally and signaling a new determination to address rebounding inflation as part of a broader policy Uturn
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