Turkish central bank has increased the rate to 15% from 10.25%.
I wonder what the banks do here?
Interest rate increase?
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- Kibkommer
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- Kibkommer
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Re: Interest rate increase?
The increase is only on TL. foreign unchanged.
The Mountie always gets his man
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- Kibkommer
- Posts: 3789
- Joined: Fri 16 Mar 2018 4:46 pm
Re: Interest rate increase?
You would think a bit of foreign currency coming in might be attractive but I can see they want to prop up the TL.
Pleased for those who are ‘all in’ on the TL though