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Last Update: ،
2026/11/03
Time
11:26:53
Latest News:
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Latest News:
Macron Receives Message from President al-Alimi on Yemen
President al-Alimi: Iran’s Revolutionary Guard Directly Involved in Managing the Houthis’ War
Lahj Official Calls for Urgent Oxfam Intervention to Support Displaced Families
Prime Minister Pays Inspection Visit to Ministry of Electricity and Energy
Foreign Minister Meets with Head of Yemeni-French Friendship Group in French Senate
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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