The fourth straight cut underscores Türkiye’s monetary policy approach, which believes that lower rates will cool inflation.
The one-week repo rate, also known as the policy rate, fell to 9 percent from 10.5 percent, the central bank said in a statement on Thursday following its Monetary Policy Committee meeting.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: