Currency Converter

Currency Converter



Friday, March 22, 2024

Turkish Monetary Policy Pause Shortlived and Ends With Big Interest Rate Hike

Turkish consumer price inflation accelerated from 38.2% in mid-2023 to a 15-month high in February of 67.1%. But after leaving its policy interest rate unchanged at 45% after February’s policy meeting, officials at the Central Bank of Turkey were not expected to modify their stance, which had seen the rate raised from 8.5% since the […]

* This article was originally published here

No comments:

Post a Comment