Author Topic: TL slipping again  (Read 18937 times)

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Offline Scunner

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Re: TL slipping again
« Reply #170 on: November 12, 2020, 11:23:05 AM »
They must be warming to him :D



Offline KKOB

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Re: TL slipping again
« Reply #171 on: November 19, 2020, 14:35:19 PM »
Turkey’s central bank increased its benchmark interest rate to 15 percent. Monetary policymakers hiked borrowing costs from 10.25 percent, the central bank said in a statement on Thursday.

The TL had strengthened to 10.03 at midday.

According to analysts, Turkey had an opportunity to raise the interest rate to a much higher level today, but in the end have only done the bare minimum.




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