Turkiye’s central bank raises interest rate to 40% to tame rising inflation

Turkiye’s central bank raises interest rate to 40% to tame rising inflation

Upworthy

Published

RIYADH: For the 6th consecutive time, Turkiye’s central bank has raised the one-week repo rate to 40 percent, signaling the conclusion of its tightening cycle. In a bid to address persisting inflationary pressures and ensure sustained price stability, the Turkish Monetary Policy Committee…

#turkiye #mpc #turkish

Full Article