MNI CBRT WATCH: Cuts 150 Bp, Underlines Continued Tight Policy

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Dec-11 13:26By: Luke Heighton
Central Bank of Republic of Turkiye+ 1

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The Central Bank of the Republic of Turkey cut its key interest rates 150 basis points on Thursday, to leave the policy rate at 38%, the overnight lending rate at 41%, and the overnight borrowing rate at 36.5%. (See MNI EM CBRT WATCH: 100-150Bps Cut ...