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Third ‘Erkan Era’ Rate Hike Unveiled at Central Bank! Anticipated Interest Decision Sparks Crypto Buzz!

The Central Bank of the Republic of Turkey (CBRT) has made a significant move by increasing its policy interest rate from 17.5% to 25%, surpassing market expectations. This is the third time the bank has raised its rates under the leadership of Hafize Gaye Erkan.

Gideon Wolf - August 24, 2023

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