11:04 AM · 22 September 2022

BREAKING: CBRT slashes rate from 13% to 12%

The CBRT unexpectedly decided to cut the main benchmark rate from 13% to 12%. The USDTRY pair reacted with a sharp weakening of the Turkish lira.

USDTRY pair. Interval D1. Source: xStation 5

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Daily summary: Markets capitulate under the influence of the Persian Gulf

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