Central Bank of Turkiye reduces discount rate to 9%

Kanan Sadigov
Author

Today, at the meeting of the Monetary Policy Committee of the Central Bank of Turkiye (TCMB), the interest rate was reduced from 10.5% to 9%, Report informs, citing TCMB.

The discount rate was reduced from 12% to 10.5% at the TCMB meeting held on November 20.

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