Back
20 Oct 2022
Turkish centrla bank cuts policy rate by 1.5% to 10.5% in October
The Central Bank of the Republic of Türkiye (CBRT) cut its benchmark interest rate, the one-week repo rate, by 1.50% from 12.0% to 10.50% on Thursday.
Markets had expected the central bank to slash rates by 1% to 11.0% this month.
more to come ...