The bank called its ninth straight rate cut “modest” and said there were signs that Turkey’s economy may have bottomed out earlier this month after activity ground to a virtual halt due to measures to contain the outbreak. The benchmark one-week repo rate was lowered 8.75%, continuing an aggressive easing cycle https://reut.rs/3aFs7h9 that be […]
The bank called its ninth straight rate cut “modest” and said there were signs that Turkey’s economy may have bottomed out earlier this month after activity ground to a virtual halt due to measures to contain the outbreak.
The benchmark one-week repo rate was lowered 8.75%, continuing an aggressive easing cycle https://reut.rs/3aFs7h9 that be […]
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