Turkey's high interest rates to result in low growth and higher unemployment
Faced with the shock of seeing the U.S. dollar hit 2.40 Turkish Liras, Turkey’s economic administrators were forced to take up the weapon of the interest rate that it was avoiding for a long time, especially upon the recommendations of Prime Minister Recep Tayyip Erdoğan.
More:Turkey's high interest rates to result in low growth and higher unemployment
