Central Bank of Turkey Reduces 1-Week Repo rate to 8.75% from 9.75%

The Central Bank of Turkey’s one-week repo rate was cut twice as much as anticipated at today’s scheduled review of monetary policy. From 12% at the start of 2020, the rate has been lowered in each month and now becomes 8.75% after today’s full percentage point cut. A released statement observes that the global and […]

* This article was originally published here