The Central Bank of Turkey lowered the rate to 40.5% per annum
The Central Bank of Turkey has decided to reduce its key interest rate by 250 basis points, from 43% to 40.5% per annum. This was announced on September 11 on the official website of the regulator.
In addition, overnight loan and deposit rates have been reduced.: The loan rate was 43.5%, and the deposit rate was 39%.
The news is being updated
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