Published on Friday, June 8, 2018

Turkey | CBRT surprised markets on the upside

The Central Bank (CBRT) hiked the one-week repo rate by 125 bps to 17.75%, clearly above market expectations (BBVA Research 50bps). With the decision, the CBRT reinforces its stance on inflation worries in the short term and takes a solid step to restore credibility against rapidly worsening inflation expectations.

Documents to download



New comment

Be the first to add a comment.

Load more

You may also be interested in