Home / Breaking News / Turkey: CBRT Leaves Policy Rate Unchanged at 19%

Turkey: CBRT Leaves Policy Rate Unchanged at 19%

The Central Bank of the Republic of Turkey (CBRT) announced on Thursday that it left its policy (one-week repo) rate unchanged at 19% as expected. In its policy statement, the central bank refrained from repeating last month’s pledge to “decisively” maintain a tight policy.

Check Also

Carry Trades Roar Back as Interest Rate Gaps Drive G10 Currency Rally

Currency carry trades are enjoying their strongest performance in years as investors return to high-yielding …