Türkiye's central bank raises discount rate to 25%

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  • 24 August, 2023
  • 11:20
Türkiye's central bank raises discount rate to 25%

The Central Bank of Türkiye has raised its key discount rate by 750 basis points from 17.5% to 25%, Report informs referring to TASS.

Previously, experts predicted a rate increase to a maximum of 20%.

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