Türkiye keeps interest rate at 50%

Vera Romashkina/Vestnik Kavkaza

Today, the Central Bank of Türkiye, as expected, maintained the previous level of the discount rate.

As of May 23, the discount rate in Türkiye is kept at 50%. The Turkish Central Bank noted that the country saw a limited weakening in the underlying inflation trend last month.

Inflation in Türkiye continues to rise. It is close to 70%.

© Photo :Vera Romashkina/Vestnik Kavkaza
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