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    Turkey finally raises rates – Lira jumps 11 percent

    On Thursday Turkey’s central bank finally caved into financial markets and jacked up interest rates by a hefty 4.75 per cent raising the benchmark rate to 15 per cent promising to remain tough on inflation.

    Australians Swerve Thai Holidays with Exchange Rates in the Gutter

    With AUD-THB at a 10-year low, Australians travelling this year to Thailand's wildly popular resorts are facing holiday costs 50 percent higher than those paid in 2012. With exchange rates as they are, those in Oz are choosing better-value destinations.


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