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2026/08/09
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Latest News:
Health Ministry Official Discusses Health Response with UNFPA, Yamaan Foundation
Minister of Transport: Houthi Attack on al-Mokha Port Resulted in Deaths, Injuries, Significant Material ..
United Kingdom Affirms Support for Yemen and Saudi Arabia in Confronting Aggression by Houthi Militias
President al-Alimi: Targeting al-Mokha Port Demonstrates Militias' Systematic War on Yemeni People's ..
Kuwait Reaffirms Support for Yemeni Government, Praises UN Security Council Commitment to International ..
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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