Tuesday, March 17, 2020

Turkey’s central bank slashes rates 100bp in emergency move | Snap | ING Think

Turkey’s central bank slashes rates 100bp in emergency move

The Central Bank of Turkey has stepped in and cut the policy rate to single digits, at 9.75%, for the first time since mid-2018. The bank also announced a number of actions to maintain the proper functioning of financial markets, the credit channel and the corporate sector

More:Turkey’s central bank slashes rates 100bp in emergency move | Snap | ING Think