Turkey’s central bank cuts interest rates by 250 basis points

Name: Turkey’s central bank cuts interest rates by 250 basis points
Uploaded: 2019-10-25T18:49:40+03:00
Duration: 1 min 11 s
Description: Turkey's central bank has cut its policy rate, also known as the one-week repo auction rate, by 250 basis points to 14 percent, down from 16.50 percent on Thursday, a reduction that was above market expectations.

Turkey's central bank has cut its policy rate, also known as the one-week repo auction rate, by 250 basis points to 14 percent, down from 16.50 percent on Thursday, a reduction that was above market expectations.

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