Powered by President Recep Tayyip Erdogan’s unorthodox monetary ideas, Turkey’s central bank delivered a bigger-than-expected interest-rate cut on “transitory” inflation, adding that it has limited room left for further reductions this year.
The lira slumped to a record low.
"again" - Google News
October 21, 2021 at 06:03PM
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Turkey's Central Bank Cuts Rates Again at the Lira's Expense - Bloomberg
"again" - Google News
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