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Central Bank of Turkiye Cuts Interest Rate to 40.5%

Ankara: The Central Bank of Turkiye has reduced its key interest rate by 250 basis points, bringing the one-week repo rate down from 43 percent to 40.5 percent. This decision was made during a recent meeting chaired by Governor Yasar Fatih Karahan.

European Stocks Rise Ahead of ECB Interest Rate Decision

Doha: European stocks registered a slight increase on Thursday, as investors awaited the European Central Bank’s (ECB) decision on interest rates, along with US inflation data expected to be released later today. The pan-European Stoxx 600 index rose …