Turkish cenbank shocks again by slashing rates 200 points - NewsBreak
By Sain in Business
Updated 3 years ago
ISTANBUL, Oct 21 (Reuters) - Turkey's central bank shocked markets again by slashing its policy rate by 200 basis points to 16% on Thursday, sending the lira to a new all-time low and delivering the easing demanded by President Tayyip Erdogan despite rising inflation. The bank said there would be...
