Skip to content

Turkey Keeps Rates Unchanged Despite Lira, Inflation Risks

  • Central bank maintains one-week repo at 14% for fifth month
  • Lira, inflation risks grow with Turkey’s negative real rates
Updated on

Sign up for our Middle East newsletter and follow us @middleeast for news on the region.

Turkey’s central bank left interest rates unchanged for a fifth month, extending a pause that’s coming at a steep cost for the lira.