Asharq Al-awsat English

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The Turkish economy has started to slow after many strong years under Erdogan’s rule (AFP Photo/Adem Altan)

Turkey Raises Rates for First Time since 2014

by Asharq Al-Awsat English | Nov 24, 2016 | Business

The Turkish central bank announced on Thursday that it was raising its benchmark interest rate by 50 basis points in defiance of President Tayyip Erdogan’s drive for cheaper credit and increasing borrowing costs for the first time in nearly three years. The...

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Middle-east Arab News Opinion | Asharq Al-awsat

Turkey Raises Rates for First Time since 2014

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