turkey in sharp rate hike to boost ailing lira
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Turkey in sharp rate hike to boost ailing lira

Arab Today, arab today

Arab Today, arab today Turkey in sharp rate hike to boost ailing lira

Turkey
Ankara - Arab Today

 The Turkish central bank on Tuesday said it was hiking its main interest rate by 75 basis points in a bid to boost the ailing lira which lost a quarter in value against the dollar over the last year.

The monetary policy committee of the bank said the overnight lending rate was being lifted to 9.25 percent from 8.5 percent, the second rate hike since November last year. But with markets hoping for even more, the lira lost 1.25 percent against the dollar to trade at 3.8 to the greenback.

 
arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkey in sharp rate hike to boost ailing lira turkey in sharp rate hike to boost ailing lira

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

turkey in sharp rate hike to boost ailing lira turkey in sharp rate hike to boost ailing lira

 



GMT 19:22 2017 Monday ,13 March

Palestinian killed in clashes near Lebanon

GMT 18:58 2017 Sunday ,22 October

King Salman receives Iraqi PM

GMT 13:06 2017 Monday ,21 August

Dina Batma confident of success of her clip

GMT 19:11 2017 Friday ,28 July

Kuwait, Turkey leaders hold talks

GMT 13:42 2016 Sunday ,27 November

UAE Consul-General meets Indian official

GMT 10:15 2017 Tuesday ,26 September

Actress Hind Sabry says her dream came true

GMT 14:01 2016 Thursday ,08 December

Environmentalists mobilize for battle with Trump

GMT 04:17 2017 Tuesday ,15 August

US Drone Attack Kills Four in Pakistan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday