Turkey | Ongoing easing despite the worsened financial conditions
Published on Tuesday, May 24, 2016
Turkey | Ongoing easing despite the worsened financial conditions
Summary
The Central Bank of Turkey reduced the upper bound of its interest rate corridor (marginal funding rate) 50bps further to 9.5%, and kept the lower bound of the interest rate corridor and the one-week repo rate constant at 7.25% and 7.50%, respectively.
Geographies
- Geography Tags
- Türkiye
Topics
- Topic Tags
- Macroeconomic Analysis
Authors
Seda Guler Mert
BBVA Research - Principal Economist
Asuman Kemiksiz
Ugur Kucuk
Documents and files
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