Home / Market Update / CBRT Hikes Policy Rate by 475 Basis Points to 15%

CBRT Hikes Policy Rate by 475 Basis Points to 15%

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it raised its policy (one-week repo) rate by 475 basis points to 15% from 10.25%.

Check Also

Are Geopolitical Wins Enough to Boost Investor Confidence on Wall Street?

Wall Street kicked off the trading day with a mixed performance, as investors braced for …