Central Bank of the Republic of Turkey (TCMB) has announced the decision of the Monetary Policy Committee.
Naci Ağbal (Chairman), Murat Çetinkaya, Ömer Duman, Uğur Namık Küçük, Oğuzhan Özbaş, Emrah Şener and Abdullah Yavaş joined to the meeting. According to the decision of the Monetary Policy Committee, The one-week repo rate, which is the policy rate, was increased from 15 percent to 17 percent.
Details: https://www.tcmb.gov.tr/wps/wcm/connect/TR/TCMB+TR/Main+Menu/Duyurular/Basin/2020/DUY2020-75
