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Central Bank of Türkiye Maintains Interest Rate at 50% to Support Economic Stability
The Monetary Policy Committee of the Central Bank of the Republic of Türkiye has decided to keep the weekly repo auction rate, which serves as the benchmark interest rate, at 50%. This decision aims to strengthen the country's economic stability.
In recent years, Türkiye’s economy has faced external challenges such as fluctuations in exchange rates and rising energy prices. Despite these difficulties, the Central Bank is actively working on stabilization while avoiding measures that could complicate the situation for businesses and the banking sector.
By maintaining the interest rates at the current level, the authorities aim to ensure access to credit for businesses and citizens while stimulating economic activity.
Experts have varied forecasts regarding future steps; however, the current decision demonstrates that the Turkish authorities are committed to a balanced and strategically sound policy aimed at the long-term sustainable development of the country’s economy.
