Turkish lira surges after rate hike (13)

IOL 2014.01.29 15:46
By SAPA Reuters. Turkish lira banknotes are seen in this picture illustration taken in Istanbul in this file picture. Ankara, Turkey - The surprisingly big interest rate rise by Turkey's central bank has paid dividends, at least in the short-term, as the country's currency surged on foreign exchange markets. In morning trading Wednesday, the Turkish lira was up 1.8 percent against the dollar at 2.2116 Turkish lira.
LIRA, RATE, HIKE, TURKEY, CURRENCY, INFLATION, Jackson, Turkey, USA, ЮАР, India, ID