Turkey’s Central Bank Lowers Benchmark Interest Rate to 45 Percent

Turkey’s Central Bank Lowers Benchmark Interest Rate to 45 Percent

​Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing.The bank’s Monetary Policy Committee said it was reducing its benchmark one-week repo rate to

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