Central Bank of Turkey has made a decision on interest rates - Lira falls in price again

16:02 - 18.11.2021


November 18, Fineko/abc.az. The Central Bank of the Republic of Turkey (CBTR) has announced a decision on interests. ABC.AZ informs that as it was expected the Central Bank of Turkey lowered the key monetary policy rate by 1 percentage point - from 16% to 15%. After the decision, the Turkish lira began to fall in price again. The dollar/TL exchange rate, which rose up to 10.9680 today and then fell to 10.46, rose 3% after the announcement of the decision and rose up to 10.97.
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