ORTAKALAN
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FMCG Turk
May 7, 2021
Turkey's central bank leaves key policy rate unchanged at 19%
The Central Bank of the Republic of Turkey (CBRT) Thursday left its benchmark interest rate unchanged for the second straight month as expected and reiterated a pledge to keep it above inflation, which the bank expects to cool from its likely peak in April


The Monetary Policy Committee (MPC) kept the one-week repo rate at 19% and the bank repeated its determination to use all available instruments to ensure the primary objective of price stability.

The decision came in line with market expectations amid price pressures, while analysts predict that cut is not on the login or sign up to read the complete news...