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You are here: Home / Turkey slashes policy rate by 50 basis points as country continues to reel from earthquake

Turkey slashes policy rate by 50 basis points as country continues to reel from earthquake

February 23, 2023 by US Top News and Analysis

Turkey’s central bank slashed its policy rate by 50 basis points from 9% to 8.5% as the country continues to reel from the aftermath of a devastating quake which affected millions of lives.

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