UPDATE 1-Turkey’s central bank cuts rates 325 points in second easing move
Turkey’s central bank cut its
policy rate by 325 basis points to 16.5% on Thursday, delivering
its second aggressive policy easing in less than two months as
it seeks to boost a recession-hit economy and put last year’s
currency crisis behind it.
policy rate by 325 basis points to 16.5% on Thursday, delivering
its second aggressive policy easing in less than two months as
it seeks to boost a recession-hit economy and put last year’s
currency crisis behind it.
Posted by Reuters