Turkey's central bank Governor Erdem Başçı said Monday that "the central bank's strategy is to increase interest rates suddenly to the maximum level as it necessitates, then if conditions improve, decrease the rate step by step."
Erdem Başçı, pointing out that the bank's Monetary Policy Committee takes the decisions, said that current monetary policy is tight and prudent steps can be taken, but timing and pace is very important. Başçı said. "Steps should be taken without eroding confidence in Turkey."
Please click to read our informative text prepared pursuant to the Law on the Protection of Personal Data No. 6698 and to get information about the cookies used on our website in accordance with the relevant legislation.
6698 sayılı Kişisel Verilerin Korunması Kanunu uyarınca hazırlanmış aydınlatma metnimizi okumak ve sitemizde ilgili mevzuata uygun olarak kullanılan çerezlerle ilgili bilgi almak için lütfen tıklayınız.
