The Central Bank of Turkey cut the interest rates by 100 bps from 13% to 12%. The Central Bank proceeded with an interest rate cut as the inflation in August hit 80.2%.
USDTRY continues to hover at historical highs around 18.32.
Stocks, Crypto, Forex and Commodities Breaking News. The latest news and analysis on metals, energy, and agriculture. Live news about gold, silver, copper, platinum, natural gas, crude oil, wheat, soybeans, rice coffee, sugar, cocoa, lumber and cotton.
