The Turkish Central Bank decided to reduce the key rate to 8.25%.This is stated on the website of the Turkish regulator.
“The Monetary Policy Council has decided to reduce the rate on weekly repos to 8.25% per annum,” the statement said.
Previously, the key rate was 8.75% per annum.
Read more about the situation with the economy and national currency of Turkey in RT.
...
This is stated on the website of the Turkish regulator.
“The Monetary Policy Council has decided to reduce the rate on weekly repos to 8.25% per annum,” the statement said.
Previously, the key rate was 8.75% per annum.
Read more about the situation with the economy and national currency of Turkey in RT.