Read more
11:35 AM · 22 October 2020

BREAKING: Turkish Lira hits all-time low after CB decision

-
-
Open account Download free app

The Central Bank of Turkey left its benchmark one-week repo rate at 10.25 %, while analysts' expected a 175 basis points rate hike. Also Central Bank will adjust the monetary policy operational framework and set the margin between the CBRT Late Liquidity Window lending rate and overnight lending rate as 300 basis points. Policymakers believe that inflation is rising faster than expected thanks to sharp economic recovery with strong credit momentum, and financial market developments. Central Bank pointed that significant tightening in financial conditions has been achieved, following the monetary policy and liquidity management steps taken to contain inflation expectations and risks to the inflation outlook.

USDTRY - Turkish Lira weakened significantly and hit an all-time low of 7.97, after policymakers decision. Source: xStation5

11 February 2026, 6:28 PM

Daily Summary - Powerful NFP report could delay Fed rate cuts

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

10 February 2026, 1:31 PM

BREAKING: US RETAIL SALES BELOW EXPECTATIONS

9 February 2026, 10:08 AM

Takaichi’s party wins elections in Japan – a return of debt concerns? 💰✂️

Join over 2 000 000 XTB Group Clients from around the world
The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits