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Turkey to raise interest rates soon
(MENAFN) Turkey's central bank is to increase interest rates in a policy U turn, according to Peninsula Qatar
Prime Minister Recep Tayyip Erdogan was optimistic and said that the government's economy was doing well
The bank's governor Erdem Basci said: "Nobody should have any hesitation that the central bank will use all available tools.
"The bank will not hesitate to take steps to make lasting tightening in monetary policy if deemed necessary," he added
Prime Minister Recep Tayyip Erdogan was optimistic and said that the government's economy was doing well
The bank's governor Erdem Basci said: "Nobody should have any hesitation that the central bank will use all available tools.
"The bank will not hesitate to take steps to make lasting tightening in monetary policy if deemed necessary," he added
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