Turkish Banks Rally as Central Bank Lowers Lending Rate

Turkish Banks Rally as Central Bank Lowers Lending Rate

Turkish banks rallied after the central bank lowered borrowing costs earlier than anticipated, paving a path to potentially deliver more interest-rate cuts before the end of the year.

Turkish banks rallied after the central bank lowered borrowing costs earlier than anticipated, paving a path to potentially deliver more interest-rate cuts before the end of the year.
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Bloomberg — Markets (EN)




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