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.
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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)
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Turkish President Recep Tayyip Erdogan on Saturday strongly condemned Israel's airstrikes in Lebanon, accusing the Israeli government of perpetuating a policy of "genocide, occupation, and invasion."
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The Palestinian Islamic Resistance Movement, Hamas, has offered its condolences following the martyrdom of Hezbollah Secretary-General, Sayyed Hassan Nasrallah, after an Israeli airstrike targeted Hezbollah’s command center in the southern suburbs of Beirut.
