Turkish central bank slashes rates below 20% in first shift since crisis

HomeBorsa İstanbul

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,

Borsa günün ilk yarısında yükseldi
Minister: Morocco Loses $2 Billion Annually Due to FTA with Turkey
Banking sector deposit increased – Bloomberg HT

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 repo rate 24%, where it had remained since September, when a colla […]

COMMENTS

WORDPRESS: 0
DISQUS: