"Hikes in interest rates drive stocks to new low
EkoTürk News Agency / Istanbul
Istanbul Stock Exchange (İMKB) main index shed another 1371 points in recent streak of losses in line with interest rate hikes inside and outside the country.
In the following day of Central Bank decision to raise overnight interest rates by 1.75 percentage point, and imminent rate hike of the European Central Bank yesterday, most shares in Istanbul Stock Exchange posted further major losses."
More:The New Anatolian
