The Central Bank of the Republic of Turkey (CBRT) has announced that it will maintain its interest rates at 50% for the month of September. The decision comes as monthly inflation indicators have shown no significant change and domestic demand continues to slow down. The CBRT aims to reduce monthly inflation and improve inflation expectations through a tight monetary policy stance. The bank will closely monitor inflation and use all available tools to achieve their target of 5% inflation in the medium term.



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