Turkey's central bank said on Thursday that it hiked its overnight lending rate to 46% in an interim monetary policy ...

Turkey’s central bank raised its overnight lending rate by two percentage points to 46% in an unscheduled meeting on Thursday ...

Asia-Pacific markets mostly higher on Tuesday mirrored an upbeat session on Wall Street overnight. Read more details here.

The 6-member Monetary Policy Committee (MPC) meeting on February 7, 2025, slashed the rate of repo by 25 basis points, ro ...

The shrinking supply of Treasury bills is putting downward pressure on financing rates for US government securities, but ...

During an emergency meeting on March 20, the Central Bank of the Republic of Turkey (CBRT) raised its overnight lending rate ...

In an interim meeting convened to address recent financial market developments, the Turkish Central Bank on Thursday hiked ...

Traders and analysts said overnight market interest rates could be 350 to 400 basis points higher after the move, as the ...

By Akin Nazli in Belgrade Turkey’s central bank on March 20 delivered a surprise move, announcing a decision made by an ...

The monetary authority hiked the overnight lending rate by two percentage points to 46%, while keeping the main gauge of one-week repo unchanged.

Previously, the two rates were set at the same level. The deposit rate is the rate the central bank pays commercial banks on deposits of overnight money. The January reform has worked to restore ...

(Bloomberg) -- A Bank of Canada official said a recent change in how the central bank sets its deposit rate is working to improve the functioning of money markets, lowering borrowing costs.