Turkey raises inflation to 25% to tackle inflation
Edited By WION Video Desk
Published: Aug 25, 2023, 04:25 IST | Updated: Aug 25, 2023, 04:25 IST
In an effort to address the soaring inflation, Turkey's Central Bank has taken the markets by surprise by raising its key interest rate by a substantial 750 basis points bringing it to 25%. This measure marks the highest level that the policy rate has seen since 2019.
trending videos
)
FIFA to investigate Argentine players' behaviour after the WC final
)
US-Iran war escalates: Trump warns more strikes as Hormuz Crisis deepens | West Asia War
)
Thai Prime Minister sings classic song for Chinese Premier Li Qiang during Beijing state lunch
)
Trump Media Faces Backlash As Truth API Turns Presidential Posts Into A Business Model | US News
)
Trump bats for Infantino as UN Secretary-General
)
Tamil Nadu: Row erupts over arrest of DMK MLA GV Markandeyan
)
Greece's Ancient Sites Under Climate Strain; 19 Sites at Urgent Climate Risk
)
BREAKING | CJP protest: Rahul Gandhi addresses media as congress steps up neet protest campaign
)
West Bengal witnesses parallel events by major political parties marking Shaheed Diwas
)
UK Elections: Opinion Polls Predict Debacle for Labour in Upcoming UK Elections
)
Donald Trump heading for a tough midterm elections as approval ratings fall
)
Trump Media's new bet: Monetising presidential posts as Truth Social struggles
)
US-Iran War: US continues strikes, Iran widens response
#Metoo haunts Malayalam cinema: Actor Mohanlal breaks silence on sex scandal
)
J&K: Terrorists attack police party in Jammu & Kashmir's Anantnag
)
Andhra Pradesh: Covid cases rise, four fatalities reported
)
Pep Guardiola in talks to become Italy head coach
)
Snap settles Child Safety Lawsuit | Meta left alone as legal pressure mounts
)
'Jana Nayagan': H. Vinoth hints 'Jana Nayagan' may not be Vijay's final film
)
NEET Protest Intensifies: Opposition MPs wear black, students demand education reforms
)
Former IDF chief favourite to replace Benjamin Netanyahu as Israel's prime minister
)
Cotton crisis threatens US & Europe's race to build more weapons, China holds the key
)
Bab Al-Mandeb becomes the new global shipping nightmare, Houthis declare naval blockade.
)
Sonam Wangchuk says the government has agreed to consider Dharmendra Pradhan’s resignation
)
Israel election race heats up ahead of october vote
)
NEET row escalates: Opposition protests outside PM Modi’s residence, Centre responds | CJP Protest
)
US-Iran War: Senators grill Hegseth on Iran war strategy
)
US-Iran war: Iran's precision strikes rock US bases | 17 troops killed as war escalates
)
Nicaraguan President Daniel Ortega declared that the country will no longer hold elections
)
120 Bahadur, Border, Uri: The Surgical Strike: The Changing Face of Indian War Films
)
The Internet’s Darkest Secret: Inside the global network exploiting children online
)
US-Iran War: Pakistan backs Saudi, condemns Houthi threats
)
Internet's darkest secret: gaming, grooming & terror in sinister 764 network
)
US secretary of state Marco Rubio says President Trump barely sleeps
)
VIDEO | Rape, religious conversion, blackmail: Wife of Air Force official makes serious allegations on former classmate
)
NEET protest escalates in Delhi | Rahul, Priyanka Gandhi detained during education reform protest
)
Rahul Gandhi’s protest outside PM Modi’s residence, demands accountability on paper leak
)
NEET Protest: Rahul Gandhi, Priyanka Gandhi detained amid massive NEET protest in New Delhi
)
Israel delays release of Gaza war crimes investigation findings amid international scrutiny
)
Philippines hails BrahMos missile, seeks stronger defense partnership with India amid China dispute
)
Spain’s World Cup Victory over Argentina triggers seismic vibrations across the country
)
Africa becomes world's hunger epicentre | 309 Million face food crisis | UN report 2026
)
New UK Prime Minister Andy Burnham announces tax relief and cost of living measures
)
Hit, bruised by Iran, America hides war casualties
)
Trump dozing videos go viral again as White House rejects claims about President’s alertness
)
AI Loyal Wingman drone | Future of air combat | Farnborough Airshow 2026