Home Türkiye

Tag: Türkiye

Post
Central Bank keeps interest rate steady at 9%

Central Bank keeps interest rate steady at 9%

The Central Bank’s Monetary Policy Committee (PPK) has decided to keep the policy rate (one-week repo auction rate) constant at 9% in line with market expectations. However, the bank removed the expression that “the current policy rate is adequate” from the PPK statement this month. Here is the PPK statement: “Although recently released data point...

Post
Central Bank keeps interest rate steady at 9%

Central Bank keeps interest rate steady at 9%

The Central Bank’s Monetary Policy Committee (PPK) has decided to keep the policy rate (one-week repo auction rate) constant at 9% in line with market expectations. The bank cut the interest rate by 150 basis points to 9% and decided to end the rate cut cycle, at the previous PPK meeting. Here is the PPK...