Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation - video Dailymotion

Name: Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation
Uploaded: 2023-11-24T07:49:06+00:00
Duration: 35 s
Channel: euronews (in English)
Description: The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month.

euronews (in English)

The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month.