Turkish Central Bank Interest Rate Cut to 39.5% – Currency Thoughts
Turkish Central Bank Interest Rate Cut to 39.5% October 23, 2025 A one-percentage point reduction of the Central Bank of Turkey‘s 1-week repo rate to 39.5% today is also aligned with market expectations. The rate had been as high as 50% from March 2024 though January of this year. But today’s rate drop was smaller…