The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it raised its policy (one-week repo) rate by 475 basis points to 15% from 10.25%.

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it raised its policy (one-week repo) rate by 475 basis points to 15% from 10.25%.
A significant shift in global oil markets occurred as major oil-producing nations announced a larger-than-anticipated …