morearticles - oman observer

Friday, August 19, 2022 | Muharram 20, 1444 H
broken clouds
weather
OMAN
32°C / 32°C
EDITOR IN CHIEF- ABDULLAH BIN SALIM AL SHUEILI
Economy

Turkey stuns markets by cutting rate despite soaring inflation

ISTANBUL: Turkey's central bank on Thursday stunned the markets by lowering its main interest rate even as inflation soared to a 24-year high and looks set to climb further.The central bank said "recession is...

A money changer counts Turkish lira banknotes at a currency exchange office in Istanbul. - AFP
No Image
No Image
No Image
No Image
No Image
No Image
No Image
Al Wadi Al Kabir Industrial City
No Image
No Image
Al Wadi Al Kabir Industrial City
A vendor displays sachets of basic necessities at Ibafo market, Ogun State in southwest Nigeria. - AFP
No Image
RBI governor Shaktikanta Das
A person walks past the Bank of England in the City of London financial district. - Reuters
MOST READ
No Image
Wind speeds drop in Al Wusta, Dhofar: Met US green energy tech firm Plug Power sets up Oman office Low visibility in all governorates due to rising dust Revenues expected to reach $1.3 billion in 2022
podcast
FOLLOW US
READ THE EPAPER
Newspaper
arrow up
home icon