Turkey’s interest rates remain unchanged
As expected, Turkey's Central Bank (TCMB) decided not to change short-term interest rates in September. An announcement from the TCMB confirms that the overnight borrowing rate remains at 14.25 percent and that the borrowing rate remains at 18.25 percent. Market watchers widely anticipated that interest rates would maintain their previous levels following inflation reports that were higher than market expectations.Turkey's interest rates remain unchanged
Similar articles
US April scrap pricing still points steady to down, energy costs, freight rates key as war rages
19 Mar | Scrap & Raw Materials
US import rebar and wire rod pricing flat amid trimmed supply, local shortages persist
04 Sep | Longs and Billet
US import rebar and wire rod pricing resumes upward trend on continuing supply issues
21 Aug | Longs and Billet