Reuters reveals Turkish interest rate cut; lira falls to an all-time low – Reuters News Agency
The economy
September 22, 2022, 7:37 pm. 1 minute
| It was Reuters. First to report Turkey’s central bank cut its policy rate by 100 basis points today, even as inflation soars above 80%, and central banks around the world run in the opposite direction and tighten policy. Turkish lira drowned The move hit a record low of 18.42 against the dollar. |
Market influence
Turkish lira drowned The move hit a record low of 18.42 against the dollar.
Article Tags
Topics of interest: The economy
Type: Writer’s Best
Sectors: FX and Fixed Income
Area: Middle East
Countries: Turkey
Types of wins: characteristic
Story Types: Exclusive / Scoop
Types of media: The text