The Central Bank of Türkiye continues to raise the policy rate. At the meeting held on October 26, it was decided to raise it to 35%.
"The Monetary Policy Committee of the Central Bank of Türkiye held an October meeting and decided to increase the rate by 500 basis points to 35%",
Turkish Central Bank said
Let us remind you that at the last meeting of the regulator, held in September, the policy rate was increased from 25% to 30%. Later, the Turkish national currency updated its historical low, rising to 28 liras per dollar
