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Stock Photo: Turkey’S Central Bank Hikes Interest Rate To 15

ID 281875256 © Idiltoffolo | Megapixl.com

After Mehmet Simsek was appointed as the Treasury and Finance Minister, at the first Monetary Policy Committee meeting chaired by Hafize Gaye Erkan, Chairman of the Central Bank of the Republic of Turkey, the policy rate was hiked from 8.5 percent to 15 percent. After the interest rate decision was announced, the stock market, gold market and Dollar currency were started to rise. Following the

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Turkey’s central bank hikes interest rate to 15

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dollar euro election turkey gold hafize gaye erkan heterodox economic mehmet simsek orthodox policy president central bank treasury finance minister turkish lira appointed buy cabinet change chart daytrader economy exchange differences offices financial goldsmiths money numbers people political preserving prices return rise save sell spend trade trader trading visit wage turkey’s hikes interest rate monetary committee meeting chaired chairman republic hiked 8 5 percent percent decision announced market currency started rise following

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