Turkey's central bank cuts its key interest rate by 100 basis points
Turkey's central bank has decided to reduce the policy rate (one-week repo auction rate) from 15.00 percent to 14.00 on Thursday.
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Turkish Lira weakens against the U.S. dollar after the bank’s Monetary Policy Committee rate decision.
Last month, the bank reduced the policy rate from 16.00 percent to 15.00. (ILKHA)
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