Turkish Lira Strengthens, CBRT Leaves Interest Rate Unchanged 24%

The Central Bank of the Republic of Turkey, CBRT has left the interest rate unchanged at 24.0% vs. 24.0%. There’s no surprise in it as economists’ consensus was also 24.0%.

Turkish Lira has gained a bit of a bullish momentum as the steady rate indicates the central bank’s confidence in the Turkish government and economic growth.