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CB cuts the marginal funding rate by 0.25 points, keeps the policy rate unchanged
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CB cuts the marginal funding rate by 0.25 points, keeps the policy rate unchanged

Central Bank of Turkey's Monetary Policy Committee (MPC) has decided to cut marginal funding rate by 0.25 points but kept the policy rate unchanged.The Committee kept the policy rate unchanged at 7.50 percent, as the analysits and economists at the banks and brokerage houses expected.

Central Bank of Turkey's Monetary Policy Committee (MPC) has decided to cut marginal funding rate by 0.25 points but kept the policy rate unchanged.

The Committee kept the policy rate unchanged at 7.50 percent, as the analysits and economists at the banks and brokerage houses expected. On the other hand, the MPC cut the marginal funding rate by 0.25 percentage points to 10.50 percent and left the borrowing rate at 7.25 percent, announced in a statement released by the Central Bank on March 24.

 



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