Home / Market Update / Forex Market / Turkey’s Central Bank Raises Interest Rates

Turkey’s Central Bank Raises Interest Rates

The Turkish central bank issued the interest rate decision today, and expectations are that the bank will raise the interest rate again, to 18%.

The central bank raised the interest rate to 19%, which is higher than expectations, to increase confidence in the independence of the bank’s decisions.

Check Also

Bitcoin Climbs Above $111,000 as Trade Tensions Ease and Inflation Cools

Bitcoin extended its rebound on Friday, climbing near $111,000 and heading for a solid weekly …