Close

Turkey's central bank delivers larger-than-expected 100 basis point rate cut to rev up virus-hit economy

Turkey's central bank delivers larger-than-expected 100 basis point rate cut to rev up virus-hit economy thumbnail

The Central Bank of the Republic of Turkey (CBRT) slashed its policy rate by a more-than-expected 100 basis points to 8.75% Wednesday, in a muscular bid to keep stimulating the eco…

scroll to top