ISTANBUL -Turkey s state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of the plan, following last week s.
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Turkey's three big state banks cut interest rates on Monday on an array of loans by up to 200 basis points, following a surprisingly sharp policy easing by the central bank last week.
ISTANBUL Turkey’s state banks are expected to cut borrowing costs on loans by around 200 basis points on Monday, according to three people with knowledge of…