SITUATION REPORT

Turkey: Central Bank Reduces Interest Rate by 425 Basis Points

Jul 25, 2019 | 17:29 GMT

Turkey's central bank has reduced its benchmark borrowing rate from 24 percent to 19.75 percent, the largest cut in 17 years and the first reduction since 2016, Bloomberg reported July 25....

Keep Reading

Register to read three free articles

Proceed to sign up

Register Now

Already have an account?

Sign In