Turkish central bank slashes rates 250 pts as sanctions threat fades
Turkey’s central bank slashed
its policy rate by a more than expected 250 basis points to 14%
on Thursday, extending an easing cycle on the back of lower
inflation and a steadier lira after Washington cancelled
sanctions over a military incursion into Syria.
its policy rate by a more than expected 250 basis points to 14%
on Thursday, extending an easing cycle on the back of lower
inflation and a steadier lira after Washington cancelled
sanctions over a military incursion into Syria.
Posted by Reuters
