Turkey Surprises With Bigger Rate Hike to Bolster Lira
By Selcan Hacaoglu
and Onur Ant
April 25, 2018, 7:08 AM EDT Updated on April 25, 2018, 7:20 AM EDT
Turkey’s central bank raised interest rates for the first time this year, lending support to the lira as it seeks to contain inflation in the weeks leading up to early presidential elections in June.
More:Turkey Surprises With Bigger Rate Hike to Bolster Lira - Bloomberg