By Finance Pulse in interest rates —

Turkey's Central Bank Cuts Key Interest Rate to 47.5%

Turkey's central bank has reduced its one-week repo rate from 50% to 47.5%, marking the first cut in nearly two years. Explore the implications for Turkey's economy.

An artistic representation of a financial chart with downward arrows, symbolizing the interest rate
Turkey's Central Bank Cuts Key Interest Rate to 47.5%

Turkey's central bank cut the one-week repo rate to 47.5% from 50%, marking the first rate cut in almost two years.

Source