Latest policy decisions now out from the CBRT 7 March
- 1 week repo unch 8.00%
- o/n lending repo unch 9.25%
- o/n borrowing rate unch 7.25%
- had decided to maintain tight mon pol stance
- will continue to use all available instruments in pursuit of price stability objective
- current elevated levels of inflation and expectations continue to pose risks
- recent data shows economic activity strong
- further mon pol tightening will be delivered if needed
One for our TRY readers . USDTRY currently 3.8012 trading 3.7900-8100 at the moment.
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