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CoinOtag 2024-06-27 13:51:57

TCMB Keeps Policy Rate at 50%, USDT/TRY Remains Stable

Türkiye Cumhuriyet Merkez Bankası (TCMB) announced its policy interest rate, which was widely expected to remain unchanged at 50%. The announcement did not cause significant movement in the U.S. dollar exchange rate against the Turkish lira. TCMB stated that the policy rate aims to maintain monetary and financial conditions that will reduce the underlying trend

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