The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (MPC) increased the policy rate by 500 basis points, raising it from 25% to 30%, in line with expectations. Although the increase in the value of Bitcoin against the Turkish lira is showing signs of gaining momentum again, this momentum is being curbed by the decline against the US dollar. The post Turkey’s Central Bank Raises Interest Rates by 500 Basis Points appeared first on COINTURK NEWS.
