Turkey's central bank has raised its key interest rate to 12 percent from 7.75 percent to try to stave off inflation and support the national currency, which has fallen sharply in recent weeks.
The Associated Press, San Diego Union-Tribune Nation
Tue, 01/28/2014 - 3:17pm
Turkey's central bank has raised its key interest rate to 12 percent from 7.75 percent to try to stave off inflation and support the national currency, which has fallen sharply in recent weeks.