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Turkish central bank keeps key interest rate unchanged, pausing series of hikes
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News Analysis: Türkiye leaves policy rate unchanged despite raging inflation-Xinhua
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Turkey holds key interest rate at 45% as consumer prices soar
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Türkiye’s central bank left its key interest rate unchanged at 45% on Thursday, pausing a series of aggressive rate hikes aimed at taming high inflation. The central bank said it was keeping the benchmark one-week repo rate on hold, according to a statement. It was the bank's first interest rate decision under its newly appointed governor, Fatih Karahan. The move was in line with expectations that the rate would be kept constant after the bank said last month that monetary tightness needed to “establish the disinflation course” was achieved.
Turkey cenbank keeps interest rate at 45pc
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