Turkey raises rates, but leaves markets asking for more
July 23, 2013
Having hinted a week before that it would hike interest rates at its next meeting on July 23, it came as little surprise when Turkey's central bank raised the overnight lending rate by 75 basis points (bp). Whether that will prove enough to help the wobbling economy is another question.
More:Turkey raises rates, but leaves markets asking for more - BUSINESS NEW EUROPE