Turkish central bank raises policy interest rate to 40 pct

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Turkish central bank raises policy interest rate to 40 pct

STORY: Turkish central bank raises policy interest rate to 40 pct SHOOTING TIME: Nov. 13, 2023 DATELINE: Nov. 24, 2023 LENGTH: 00:01:12 LOCATION: Ankara CATEGORY: ECONOMY SHOTLIST: 1. various of Turkish Central Bank (date: Nov. 13, 2023) (edited) 2. various of Turkish Lira (date: Nov. 13, 2023) (edited) 3. various of Turkish Central Bank Governor Hafize Gaye Erka (date: Nov. 2, 2023) (edited) 4. various of Turkish Lira (date: Nov. 13, 2023) (edited) 5. various of Turkish Central Bank (date: Nov. 13, 2023) (edited) STORYLINE: Türkiye's central bank increased on Thursday its policy rate by 500 basis points to 40 percent. The central bank's monetary policy committee said in a statement that the current level of monetary tightness is assessed to be significantly close to the level required to establish the disinflation course. "Accordingly, the pace of monetary tightening will slow down, and the tightening cycle will be completed shortly," the central bank said in a statement, while noting "the monetar

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