The Central Bank of Turkiye has kept its key rate at 9%, Report informs with reference to Anadolu Agency.
Earlier, the regulator lowered the rate from 14% to 9%.
President Recep Tayyip Erdogan earlier announced that the inflation rate will decline already this month.
“Inflation rates will reach 30% by mid-2023, and drop to 20% by the end of next year,” the politician said.