The CBRT announced its second interest rate decision after the changes in the economic policy.
The Central Bank of Türkiye Republic (CBRT) announced its interest rate decision for July.
The CBRT Monetary Policy Committee increased the interest rates to 17.5% with a 250 basis point increase in July.
In the previous meeting, it was stated that the low interest policy would be abandoned and interest rates would be increased, and the interest rates were increased by 650 basis points to 15%.
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