AFP |
Turkey Gets Aggressive on Rates
Wall Street Journal ISTANBUL—Turkey's central bank unveiled emergency interest-rate hikes Tuesday in a move that outstripped market expectations and sent the lira roaring back, in a test case for other emerging markets battling plunging currencies. The central bank more … Yen Slips With Gold as Turkey Rate Rise Fuels Asian Stock Rally Asian shares rally, reassured by Turkish rate hike Turkey delivers massive rate hike to defend lira |