Haberler      English      العربية      Pусский         Kurdî      Türkçe Delivering News and Insights Around the World Keltis
  En.Haberler.Com - Latest News
SEARCH IN NEWS:
  HOME PAGE 30/06/2022 01:09 
26.05.2022 14:27 News >> Turkish Central Bank Keeps Interest Rates Unchanged

Turkish Central Bank Keeps Interest Rates Unchanged

Policy rate, also known as 1 week repo rate, kept at 14% in line with market expectations.

The Turkish Central Bank on Thursday kept its one-week repo rate, also known as the policy rate, unchanged at 14%, in line with market expectations.
In a statement, the central bank said it closely monitors the effects of high prices globally on inflation expectations and international financial markets.
"Increasing concern over global food security driven by trade restrictions, high course of commodity prices, supply constraints in some sectors that have become more evident particularly in energy and food, and high transportation costs have led to producer and consumer price increases internationally," the statement said.

Turkiye's annual consumer inflation hit a new record high at 69.97% in April, according to Turkstat.
The central bank's last interest rate change came in December 2021 when it cut its policy rate by 100 basis points from 15% to 14%. -



        Latest News
Key US Republican Senator Backs Sale Of F-16 Fighter Jets To Türkiye -45 minutes ago...
Upgrading Türkiye's 'aviation capability will benefit Turkey, the U.S., NATO and regional security,' says Lindsey Graham.
R. Kelly Sentenced To 30 Years In US Federal Prison For Sex Trafficking, Sex With Minors 0 minutes ago...
'Kelly relied upon his fame, money and popularity,' say prosecutors.
Dow Gains; S&P 500, Nasdaq Off During Volatile Session -45 minutes ago...
Blue chip Dow adds 82 points to close at 31,029.
Türkiye 'Satisfied With Constructive Approach' By Sweden, Finland -45 minutes ago...
'We will work to ensure that NATO has more unity on terrorism,' says Turkish communications director.
Central Banks' Challenge Is To Control Inflation Without Recession: S&P -30 minutes ago...
High prices, aggressive Fed make it hard for US economy to 'walk out of 2023 unscathed,' says rating agency.

 
      Top News
Canada Opens Embassy In Armenia To Improve Ties Canada Opens Embassy In Armenia To Improve Ties
Hamas Reportedly Permits Israeli National To Enter Gaza Hamas Reportedly Permits Israeli National To Enter Gaza
Houston Rockets, John Wall Finalize Contract Buyout Houston Rockets, John Wall Finalize Contract Buyout
Ukraine President Asks UN To Investigate Site Of Bombed Shopping Mall In Kremenchuk Ukraine President Asks UN To Investigate Site Of Bombed Shopping Mall In Kremenchuk
Here Is What Finland, Sweden Promised To Address Türkiye's Security Concerns Here Is What Finland, Sweden Promised To Address Türkiye's Security Concerns
Biden, G7 Leaders To Unveil $4.5 Billion In Aid For Global Food Security: White House Biden, G7 Leaders To Unveil $4.5 Billion In Aid For Global Food Security: White House
Turkish Forces 'Neutralize' 4 PKK Terrorists In Northern Iraq Turkish Forces 'Neutralize' 4 PKK Terrorists In Northern Iraq
Firefighters In Bangladesh Lack Safety Gear, Adequate Training Firefighters In Bangladesh Lack Safety Gear, Adequate Training
G-7 Calls On Countries, Firms To Avoid Excessive Food Stockpiles To Ease Shortage G-7 Calls On Countries, Firms To Avoid Excessive Food Stockpiles To Ease Shortage
Oil Prices Increase With New G7 Sanctions On Russia Oil Prices Increase With New G7 Sanctions On Russia