ISTANBUL -- Two weeks after President Recep Tayyip Erdogan appointed former Goldman Sachs banker Hafize Gaye Erkan as governor, Turkey's central bank delivered a 6.5-point interest rate hike on Thursday, lifting the benchmark rate to 15%.
Economy
Turkey raises interest rate to 15% from 8.5% to fight inflation
Hafize Gaye Erkan, first woman to head central bank, begins 'gradual' tightening
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