
THE TRNC Central Bank has cut a series of key interest rates, lowering the cost of Turkish lira and foreign-currency borrowing while reducing returns on lira deposits held at the bank. The new rates took effect on Monday, November 17. Under the…

THE TRNC Central Bank has cut a series of key interest rates, lowering the cost of Turkish lira and foreign-currency borrowing while reducing returns on lira deposits held at the bank. The new rates took effect on Monday, November 17. Under the…