Business & Finance

Reuters ahead with Turkey interest rate hike; market reacts

19 November 2020, 7:01 pm 1 minute

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

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