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Business & Finance

Reuters ahead with Turkey interest rate hike; market reacts

Reuters was ahead in reporting Turkey’s central bank aggressively raising its policy rate by 475 basis points to 15% on Nov. 19, at the closely-watched first meeting on rates since the appointment of a new governor, Naci Agbal.

Market Impact

The Turkish lira leapt on the news.



Article Tags
Topics of Interest: Business & Finance
Type: Reuters BestReuters News First
Sectors: FX & Fixed Income
Regions: Europe
Countries: Turkey
Win Types: Speed
Media Types: Text
Customer Impact: Significant National Story