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The Central Bank of Turkey reduced the discount rate to 10.5%

News 15:33 20 Oct, 2022
The Central Bank of Turkey reduced the discount rate to 10.5%

The next meeting of the Monetary Policy Committee of the Central Bank of Turkey (TMB) was held today.

Referring to the institution, Qazet.az reports that at the meeting, the discount rate was reduced by 1.5 percentage points from 12% to 10.5%.

It should be recalled that the TMB reduced the discount rate from 13% to 12% at the meeting held on September 22 this year.