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Ground News - Turkey slashes interest rates by 150 basis points despite inflation at 83% - Vimarsana News

Ground News - Turkey slashes interest rates by 150 basis points despite inflation at 83%

Turkey’s central bank slashed its key interest rate by 150 basis points for the third consecutive month of cuts on Thursday, from 12% to 10.5%. Turkey’s central bank slashed its key interest rate by 150 basis points for the third consecutive month of cuts on Thursday, from 12% to 10.5%.