quote.ru: The Central Bank of Turkey at its meeting on December 21 raised the discount rate by 250 bps. — from 40% to 42.5% per annum. This is reported on the regulator's website. The regulator is tightening monetary policy for the seventh time in a row to combat high inflation in the country. According to Trading Economic, the last time the rate exceeded this value was just over 20 years ago - in April 2003 it reached 44%, a...

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