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Turkish Central Bank raises policy rate 250 basis points to 17.5%Turkish Central Bank raises policy rate 250 basis points to 17.5%

Türkiye's Central Bank raised its one-week repo rate, also known as the policy rate, by 250 basis points on Thursday to 17.5%, the highest level since October 2021. The bank's Monetary Policy Committee decided "to continue the monetary tightening process in order to establish the disinflation course as soon as…

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