Turkey's central bank hikes interest rates sharply – DW

Turkey's central bank hikes interest rates sharply – DW

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Turkey has increased its base interest rates by a whopping 6.5%, the clearest indication yet that the unconventional economic policy dubbed "Erdonomics" might be history now in Recep Tayyip Erdogan's new government. Turkey's central bank delivered a large 6.5% interest rate rise on Thursday,…

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