Open Demo Account
Home / Breaking News / CBRT Leaves One-Week Repo Rate Unchanged

CBRT Leaves One-Week Repo Rate Unchanged

Adel 20 August, 2020 5:06 pm Breaking News, Market Update

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 8.25%.

With the initial market reaction, the USD/TRY pair fluctuated wildly. After dropping below 7.2700, USD/TRY rose sharply and was last seen gaining 0.55% on the day at 7.3315.

Tags

Check Also

Gold Prices Extend Rally Amid Rising Inflation Concerns

Gold prices extended their rally for a third consecutive day, surpassing $2,675, as investor concerns …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends