Lee Duna@lemmy.nz to World News@lemmy.worldEnglish · 7 months agoTurkey's central bank hikes interest rate by 500 basis points to 40%, well above expectationswww.cnbc.comexternal-linkmessage-square20fedilinkarrow-up1135arrow-down12
arrow-up1133arrow-down1external-linkTurkey's central bank hikes interest rate by 500 basis points to 40%, well above expectationswww.cnbc.comLee Duna@lemmy.nz to World News@lemmy.worldEnglish · 7 months agomessage-square20fedilink
minus-squaremadcaesar@lemmy.worldlinkfedilinkEnglisharrow-up5·7 months ago40% interest?? Is this true lol wtf are credit cards over there then? 80%??
minus-squareHabahnow@sh.itjust.workslinkfedilinkEnglisharrow-up10·7 months agoProbably higher. Turkey has experienced an inflation rate of about 80%. So CCs probably have a higher rate because of that
40% interest?? Is this true lol wtf are credit cards over there then? 80%??
Probably higher. Turkey has experienced an inflation rate of about 80%. So CCs probably have a higher rate because of that