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.
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USDINR is trading unchanged after the central bank of India (RBI) six-member Monetary Policy Committee delivered the third 50 basis point interest-rate hike in its attempt to battle inflation in the country while targeting to protect the economy
Speech by Christine Lagarde, President of the ECB, at the Bank of Lithuania’s Annual Economics Conference on “Pillars of Resilience Amid Global Geopolitical Shifts”, on the occasion of the 10th anniversary of euro introduction, Vilnius, […]
