Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to slower consumer ...

Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...

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Turkey's central bank lowered its key interest rate on Thursday, the first cut in nearly two years as it battles with ...

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The monetary policy committee (MPC) of Turkey’s central bank on December 26 cut its policy rate by 250bp to 47.5% (chart).