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Turkiye central bank says easing done after a policy rate cut to 9%

Turkiye’s central bank cut its policy rate by 150 basis points to 9% as expected yesterday and said it decided to halt its easing cycle, in line with President Recep Tayyip Erdogan’s call for a single-digit rate by year-end despite inflation above 85%. The lira weakened to a record low…

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Click here to read the full story: Gulf Times

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