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CBRT Leaves Repo Rate Unchanged at 14%

Adel 14 April, 2022 3:32 pm Breaking News, Forex Market, Market Update

The Central Bank of the Republic of Turkey left its benchmark interest rate, the one-week repo rate, unchanged at 14.00% on Thursday, as market participants had been expecting. The CBRT’s decision to hold interest rates comes despite the headline rate of Consumer Price (CPI) Inflation in Turkey surging above 60% YoY in March, according to data released earlier on this month. 

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