Türkiye's Central Bank hold key rate at 8.5%

Türkiye
# 25 May 2023 15:27 (UTC +04:00)

Türkiye's central bank kept its benchmark interest rate on hold at 8.5%, APA reports.

The Central Bank of Türkiye announced that it will resolutely continue to use all the tools at its disposal until price stability is ensured in the country, until the indicators ensuring a continuous decrease in inflation appear and the medium-term target of 5% is reached.

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THE OPERATION IS BEING PERFORMED