Turkey: Central Bank Delivers Sizable Interest Rate Hike, Prompting Lira Rally

Nov 19, 2020 | 22:39 GMT

The Central Bank of the Republic of Turkey (CBRT) increased interest rates from 10.25 percent to 15 percent, marking its biggest rate hike in over two years, which has since prompted a rally in the Turkish lira, Bloomberg reported Nov. 19. ...

For Serious People Who Seek Intelligence Over News

Subscribe Today for $149!

12-Month Introductory Offer.

  • High quality, unbiased analysis of global events
  • Quarterly, annual, and decade geopolitical forecasts
  • Customized notifications, newsletters, and much more

Preview Some FREE Worldview Articles Below:

Free Coronavirus Articles

Free Geopolitical Articles

Connected Content

Regions & Countries

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview


To empower members to confidently understand and navigate a continuously changing and complex global environment.