The country's central bank cited slowing inflation, down from 85% in late 2022 to 47% last month, in its decision.

Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first ...

Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, at the top end of expectations, ...

Indian banks' financial position has stayed robust, marked by the sustained expansion in loans and deposits, while their ...

Bank interest rates on deposits and loans rose much higher than the central bank's key rate, causing a slowdown in lending ...

Brazil’s central bank stepped into markets again to prop up the real amid a rout sparked by concerns about the sustainability ...

Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in ...

Russia’s central bank left its key interest rate unchanged as it struggles to contain a surge in inflation driven by the ...

Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...

The decision has brought criticism from influential business figures, who say high rates are hindering business activity and ...

Turkish central bank lowered its key policy rate by 250 basis points to 47.5% on Thursday in the first sign of easing after ...