Turkey’s Central Bank Lowers Interest Rates 425 Bps

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Turkey’s Central Bank Lowers Interest Rates 425 Bps

ANKARA, (UrduPoint / Pakistan Point News - 25th Jul, 2019 ):The Central Bank of Turkey (CBRT) on Thursday lowered its one-week repo rate 425 basis poi

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ANKARA, (UrduPoint / Pakistan Point News – 25th Jul, 2019 ):The Central Bank of Turkey (CBRT) on Thursday lowered its one-week repo rate 425 basis points.

The bank’s policy rate also known as one-week repo rate fell to 19.75%, a steep down 24%.

“Recently released data indicate a moderate recovery in the economic activity,” the CBRT sai […]

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