Forecast: Turkey`s Central Bank to raise interest rates

12:06 - 19.10.2020

October 19, Fineko/abc.az. Turkey's Central Bank will announce interest rates this week.

ABC.AZ reports that the interest of the Turkish main bank will increase by 3 points.

Experts believe that the Central Bank of Turkey will raise interest rates at the next meeting from 10.25% up to 13.25%.

Economists believe that the Turkish Central Bank will limit funding and continue tightening monetary policy.