Turkish Central Bank reduces interest rate

Kanan Sadigov
Author

On Thursday, the Turkish Central Bank has reduced the interest rate from 19% to 18%, Report informs, citing the bank.

On December 24, 2020, the bank increased the interest rate from 15% to 17%, on February 18, the bank left it unchanged at 17%, and on March 18, the interest rate was raised from 17% to 19%.

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