The Central Bank of Turkey has decided to increase the interest rate from 35% to 40% for the sixth time in recent months with the aim of supporting the value of the lira.
In a statement published by the Central Bank of Turkey, it is said: It was decided to increase the interest rate by 500 units to reach 40%.
The Central Bank of Turkey raised the interest rate from 30% to 35% in a meeting held at the end of last October (November 6), after the inflation in Turkey reached 61.53% last month. .
The Central Bank of Turkey announced last June (June and with the inauguration of the new Turkish government) that it will continue to gradually ease monetary policy until the high inflation indicators change.
According to Anatolian data, following this decision of the Central Bank of Turkey, the dollar rate decreased by 0.22% to 28.7805 lira at 14:35 local time of this country.
