Central Bank Of Turkey Reduced Key Rate To 40.5%

Committee on Monetary Policy (KDKP) of the Central Bank of the Republic of Turkey (CBTR) reduced the key rate by 250 basic points – from 43% to 40.5%. The decision was made at a meeting chaired by the head of the Central Department Store Yashar Fatikha Karakhan.

Central Bank also reduced the rate on Overnight loans from 46% to 43.5% and the borrowing rate of Overnight – from 41.5% to 39%.

in the Turkish regulator noted that the main trend She slowed down in August, and the latest data indicate the preservation of the disinfluent level of demand.

“Inflational expectations, price behavior and global factors still carry risks for the disinfluity process. Hard monetary policy, which will be preserved until the price stability reaches, strengthen the process of disinflation through the channels of demand, the celebration of the course and the ceiling of the course and the ceiling of the course and the celebration of the ceiling. expectations ” – follows from the publication.