The Central Bank of Turkey reduced the discount rate to 9%

The Central Bank of Turkey reduced the discount rate to 9%

The next meeting of the Monetary Policy Committee of the Central Bank of Turkey (TMB) was held today.

“Report” citing the institution, the discount rate was reduced by 1.5 percentage points from 10.5% to 9%.

It should be recalled that the discount rate was reduced from 12% to 10.5% at the meeting of TMB held on October 20 this year.

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