Open Demo Account
Home / Breaking News / CBRT Leaves Repo Rate Unchanged at 14%

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. 

Tags

Check Also

BYD Fire Unlikely to Derail Global Expansion Plans

A fire broke out at a multi-story garage within the BYD headquarters in Shenzhen, China, …

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