Turkey's central bank cut its key interest rate by 200 basis points
Turkey's central bank has decided to reduce the policy rate (one-week repo auction rate) from 18.00 percent to 16.00 on Thursday.
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Turkish Lira weakens some 1.3% to 9.4 against the U.S. dollar after the bank’s Monetary Policy Committee rate decision.
“The Committee will continue to take its decisions in a transparent, predictable, and data-driven framework,” the bank said in a statement. (ILKHA)
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A tragic Israeli airstrike targeted the civil defense headquarters in central Gaza City on Tuesday afternoon, resulting in the martyrdom of firefighter Najeeb Sokkar and his only child, Mohamed, and leaving another firefighter seriously injured, according to Gaza’s civil defense service.
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Turkish Interior Minister Ali Yerlikaya announced on Monday that the death toll from the explosion at an ammunition factory in Balıkesir has been confirmed as 11, not 12 as initially reported.
