India  

Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation

Video Credit: euronews (in English) - Duration: 00:35s - Published
Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation

Turkey's central bank hikes interest rate to 40% in effort to beat back double-digit inflation

The bank pushed its policy rate up by 5 percentage points, to 40%, marking its sixth big interest rate hike in a row focused on beating down inflation that hit an eye-watering 61.36% last month.


You Might Like


💡 newsR Knowledge: Other News Mentions

Turkey Turkey Country in West Asia and Southeast Europe

Erdogan's NATO Showdown: Turkey President Rips Into U.S & Israel In His NATO Speech, Demands Justice [Video]

Erdogan's NATO Showdown: Turkey President Rips Into U.S & Israel In His NATO Speech, Demands Justice

Turkish President Erdogan strongly criticized the US and Israel over the Gaza conflict during a NATO summit in Washington. He accused Israel of war crimes and the US of complicity, calling for sanctions against Israel. Erdogan also commented on the Ukraine conflict, suggesting Western approaches may be worsening the situation. His statements highlight tensions within NATO and differing perspectives on international conflicts. Erdogan warns that current approaches could lead to larger. #TurkishPresident #RecepTayyipErdogan #US #Israel #NATO #ErdoganPalestine #IsraelGazawar #Gazawarlive #Worldnews #Oneindia #Oneindianews ~PR.320~ED.101~GR.344~HT.318~

Credit: Oneindia    Duration: 03:01Published
Keir Starmer holds bilat meeting with Recep Tayyip Erdogan [Video]

Keir Starmer holds bilat meeting with Recep Tayyip Erdogan

Prime Minister Sir Keir Starmer meets with his Turkish counterpart Recep Tayyip Erdogan during the 75th anniversary NATO Summit in Washington DC. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:32Published
Euro 2024 live: Game over in Berlin! Netherlands reach semifinals after beating Turkey 2-1 [Video]

Euro 2024 live: Game over in Berlin! Netherlands reach semifinals after beating Turkey 2-1

The Netherlands came back in the second half thanks to a De Vrij header and a Turkey own goal. They'll be facing England in the semifinal, who beat Switzerland 5-3 on penalties in the earlier Saturday tie.

Credit: euronews (in English)    Duration: 00:49Published
Putin Commands Global Stage; Meets Xi Jinping, Erdogan, Pak PM Amid Russia-Ukraine War [Video]

Putin Commands Global Stage; Meets Xi Jinping, Erdogan, Pak PM Amid Russia-Ukraine War

Vladimir Putin, the President of Russia, engaged in a series of bilateral meetings during the Shanghai Cooperation Organisation summit in Kazakhstan. He met with Xi Jinping, President of the People's Republic of China, emphasising strong ties. Putin also discussed trade and cooperation in energy and agriculture with Turkish President Recep Tayyip Erdogan. Additionally, he held talks with Pakistan's Prime Minister Shehbaz Sharif, highlighting economic collaboration. Putin concluded by meeting with Kazakhstan's President Kassym-Jomart Tokayev ahead of the SCO Heads of State Council meeting in Astana on July 4th. #Putin #XiJinping #Erdogan #Pakistan #RussiaUkraineConflict #SCOsummit #GlobalDiplomacy #InternationalRelations #Astana #Kazakhstan #SCO2024 #Geopolitics #DiplomaticRelations #WorldLeaders #GlobalStage ~HT.97~PR.114~ED.118~

Credit: Oneindia    Duration: 05:37Published
Euro 2024 latest: 'Europe here we come!' Unstoppable Demiral blasts Turkey off to quarter-finals [Video]

Euro 2024 latest: 'Europe here we come!' Unstoppable Demiral blasts Turkey off to quarter-finals

Turkey are the last team to make it to the Euro 2024 quarter-finals after beating Austria 2-1

Credit: euronews (in English)    Duration: 01:14Published

Related news from verified sources

Lanka cuts interest rates to boost growth, waiting for IMF review

Sri Lanka's central bank lowered interest rates on Friday in an unexpected move to boost growth,...
IndiaTimes - Published

IMF warns Europe against prematurely declaring victory over inflation

The International Monetary Fund (IMF) has cautioned the European Central Bank (ECB) and other...
IndiaTimes - Published

Pakistan's benchmark share index at all-time high

Pakistan's benchmark share index breaches 60,000, reaches all-time high of 60,500.61 points....
IndiaTimes - Published


Related videos from verified sources

US Job Market Stayed Strong In September Despite Fed's Rate Hikes [Video]

US Job Market Stayed Strong In September Despite Fed's Rate Hikes

US Job Market , Stayed Strong In September , Despite Fed's Rate Hikes. In September, employers posted 9.6 million job openings, an indicator that America's job market remains strong. . ABC reports..

Credit: Wibbitz Top Stories     Duration: 01:31Published