Turkey's central bank on Thursday hiked its main interest rate by 500 basis points to 40% in a move that was larger than expected by economists.
  • @madcaesarEnglish
    5•10 months ago

    40% interest?? Is this true lol wtf are credit cards over there then? 80%??

    • @[email protected]English
      10•10 months ago

      Probably higher. Turkey has experienced an inflation rate of about 80%. So CCs probably have a higher rate because of that