Turkish Central Bank to announce its decision on interest
The Turkish Central Bank will announce its decision on the interest rate on Thursday, with analysts expecting a reduction in the key policy rate.
Last month, the Turkish central bank decided to reduce the policy rate (one-week repo auction rate) from 12.00 percent to 10.50.
Analysts expect a 150 basis-point cut to 9% in the one-week repo rate. (ILKHA)