Turkish central bank announces large rate rise


CBRT

The Central Bank of the Republic of Turkey

Turkey’s central bank raised its policy rate again today (March 18), as its newly-appointed governor continues attempts to curb rising inflation.

The Central Bank of the Republic of Turkey’s seven-member monetary policy committee (MPC) raised its one-week repo rate by 200 basis points, from 17% to 19%. The MPC has raised the policy rate by 875 basis points in the four months since Naci Ağbal was appointed governor by president Recep Tayyip Erdoğan.

Ağbal chairs the MPC and appears to have

You are currently unable to copy this content. Please contact [email protected] to find out more.



Source link

Free Course

"Double Your Traffic in 30 days" + Secret Bonus

valued at $299

This amazing course will teach you, step by step, how to double if not triple your traffic over the next 30 days.

100% Privacy. We will never spam you!