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Last Update: ،
2026/04/08
Time
04:01:38
Latest News:
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Latest News:
Prime Minister discusses with UN Envoy latest developments, importance of advancing the detainees file
Governor of CBY confers with UN Envoy over financial, economic situations
Minister Bamqaa discusses challenges facing oil, gas S sector with UN Envoy
Yemen, Norway discuss educational cooperation
Dr. Abdullah al-Alimi praises Germany's significant support for Yemen
Turkish Central Bank lowers interest rate to 39.5 percent
[23/10/2025 04:36]
ANKARA-SABA
The Central Bank of Turkey lowered today, Thursday, the interest rate by 100 basis points from 40.5 percent to 39.5 percent on one-week repo operations.
According to the Turkish news agency (Anadolu), this is based on a decision made by the Bank's Monetary Policy Committee during a meeting chaired by Central Bank Governor Şahap Kavcioglu.
The committee decided to reduce the overnight lending interest rate from 43.5% to 42.4% and the overnight borrowing interest rate from 39% to 38%, noting that the tight monetary policy will continue until price stability is achieved and will work to further reduce inflation.
The Central Bank of Turkey lowered today, Thursday, the interest rate by 100 basis points from 40.5 percent to 39.5 percent on one-week repo operations.
According to the Turkish news agency (Anadolu), this is based on a decision made by the Bank's Monetary Policy Committee during a meeting chaired by Central Bank Governor Şahap Kavcioglu.
The committee decided to reduce the overnight lending interest rate from 43.5% to 42.4% and the overnight borrowing interest rate from 39% to 38%, noting that the tight monetary policy will continue until price stability is achieved and will work to further reduce inflation.
Key words:
According - operations - inflation - borrowing - Committee - Kavcioglu - overnight - committee - SABA The - stability -
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