The Central Bank of the Republic of Türkiye (CBRT) on Thursday saved its one-week repo charge, also referred to as the coverage charge, unchanged at 9%, in accordance with the market expectations within the first assembly of the yr.
The lender additionally maintain the speed unchanged in its final assembly of 2022, after signaled that the speed reduce cycle has come to an finish.
At its November assembly, the financial institution reduce the speed by 150 foundation factors to 9%, thus having lowered the important thing charge by 500 foundation factors, or 5 proportion factors, since August.
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