Turkey’s Central Bank Keeps Interest Rates Steady

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Turkey’s Central Bank Keeps Interest Rates Steady

The Turkish Central Bank on Thursday held its one-week repo rate – also known as the bank's policy rate – unchanged at 8.25%, keeping it steady fo

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The Turkish Central Bank on Thursday held its one-week repo rate – also known as the bank’s policy rate – unchanged at 8.25%, keeping it steady for the second straight month.

The decision was announced in a statement following the bank’s seventh Monetary Policy Committee (MCP) meeting of 2020.

The move was in line with market expectations, as for […]

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