Turkey's Central Bank shifts gears, hikes interest rates to 25% - Al-Monitor: Independent, trusted coverage of the Middle East

The 750 basis point rise was higher than analysts' expectations, prompting lira to rebound from a record low.

Related Keywords

Istanbul ,Turkey ,Ankara ,Turkish ,Mehmet Simsek ,Central Bank Governor Gaye Erkan ,Turkey Central Bank ,Central Bank ,Turkish President Recep Tayyip Erdogan ,Finance Minister Mehmet Simsek ,Central Bank Governor Gaye ,