Turkey impresses EM investors with 200bp rate hike

Mariam Meskin

March 18, 2021 01:30 pm

Alamy_Naci_Agbal_575x375_18March2021 — 2E9JEG8 Turkey's Central Bank Governor Naci Agbal poses during an interview with Reuters in his office in Istanbul, Turkey, February 4, 2021. Picture taken February 4, 2021. REUTERS/Umit Bektas | Alamy Stock Photo

The Central Bank of the Republic of Turkey has brought relief to emerging market investors by exceeding market participants’ expectations and delivering a 200bp rate hike.

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Topics

Central and Eastern Europe (CEE)Turkey Europe Emerging Markets EMEA CEE

MM

Mariam Meskin