Thursday, May 21, 2020

Turkey's central bank sees signs economy may have bottomed out - Reuters

Turkey's central bank sees signs economy may have bottomed out

ISTANBUL, May 21 (Reuters) - The Turkish central bank said on Thursday the economy may have bottomed out earlier this month after a slump brought on by the coronavirus pandemic, as it delivered what it called a “measured” interest rate cut to 8.25% from 8.75%.

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