> Exchange offices after Turkey hikes interest rates / 33KP2U7
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Exchange offices after Turkey hikes interest rates / 33KP2U7
Clip ID 2194558
Creator AFP
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Description
Images show currency exchange offices and shopping streets in Istanbul as Turkey's central bank nearly doubles its key interest rate to fight inflation and steady the troubled lira. The move to raise the rate from 8.5 percent to 15 percent pivots away from years of unconventional economics promoted by President Recep Tayyip Erdogan. IMAGES