Turkish rate hike boost fades, focus on S.Africa c.bank

The boost to Turkey’s lira from a round of huge interest rate hikes quickly faded on Wednesday, while the rand fell as the market focus switched to monetary policy decisions due later in the day in South Africa and from the U.S. Federal Reserve. Turkish debt insurance costs fell and the country’s…

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Turkish rate hike boost fades, focus on S.Africa c.bank

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