The 350 basis point gap between the repo or monetary policy rate and the prime rate has been fixed since 2001. Lenders use it as a baseline depending on the risks and the credit record of borrowers ....
"There is still room for further RRR and interest rate cuts this year," he said, promising efforts to ensure the effective implementation and oversight of interest rate policies to keep ...
The Turkish central bank lowered its key interest rate by 100 basis points to 37% in its first policy meeting this year on Thursday, continuing an easing cycle as inflation moderat ....
"There is still room for further RRR and interest rate cuts this year," he said, promising efforts to ensure the effective implementation and oversight of interest rate policies to keep overall financing costs at a low level.