The Central Bank of the Republic of Turkey (CBRT) did not change the weekly benchmark repo rate in line with the expectations of the markets.
The Central Bank of the Republic of Turkey decided to keep the interest rate constant at 14 percent.
Central Bank said “In line with the main objective of price stability, it will continue to use all the tools at its disposal within the framework of the liraization strategy until strong indicators pointing to a permanent decline in inflation emerge and the medium-term 5 percent target is achieved.”
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