Turkey cuts key interest rate to 39.5% - central bank

Turkey cuts key interest rate to 39.5% - central bank

Turkey's central bank said today it had lowered its key interest rate for the third time in a row, in line with analysts expectations.

Turkish central bank cuts key rate to 39.5%, flags inflation risk

The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday, citing an increase in the underlying trend of...

Turkish Central Bank Watchers Are Split on Bets for Rate Cuts

Turkey is expected to stick to its interest-rate cut cycle on Thursday, but economists are split on how much the central bank will ease borrowing costs, after inflation unexpectedly climbed and political commotion left investors on edge.

Business Leaders React to CBRT’s Interest Rate Cut

The business community has welcomed the Central Bank of the Republic of Türkiye’s (CBRT) decision to cut its benchmark one-week repo rate by 100 basis points to 39.5%, viewing it as a positive move to support economic stability and investment. “A Positive Step for Financial Visibility” – ITO President Şekib Avdagiç İstanbul Chamber of Commerce (ITO) President Şekib Avdagiç described the continuation of the rate-cut cycle as “a positive step for …

Turkey’s central bank cuts key rate by 100 basis points to 39.5 percent - Turkish Minute

The Turkish Central Bank lowered its benchmark interest rate by 100 basis points to 39.5 percent on Thursday, marking another step in its gradual monetary easing cycle, the state-run Anadolu news agency reported.