International Economic

Turkey central bank holds rates at 50%

By Michele Maatouk

Date: Thursday 23 May 2024

(Sharecast News) - Turkey's central bank kept interest rates unchanged at 50% on Thursday for the second month in a row, as expected.
The Bank said in a statement: "The effects of monetary tightening on credit conditions and domestic demand are closely monitored. Considering the lagged effects of the monetary tightening,...

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