Arab Finance – News – Turkish central bank slashes rates below 20% in first shift since crisis

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Arab Finance – News – Turkish central bank slashes rates below 20% in first shift since crisis

Turkish central bank slashes rates below 20% in first shift since crisis Turkey's central bank slashed its key interest rate by a more than expected 4

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Turkish central bank slashes rates below 20% in first shift since crisis Turkey’s central bank slashed its key interest rate by a more than expected 425 basis points to 19.75% on Thursday to spur a recession-hit economy, its first step away the emergency stance adopted during last year’s currency crisis. The bank lowered its benchmark one-week […]

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