Spread dan syarat terbaik kami

The Turkish central bank (CBRT) shocked investors on Thursday with a hefty 350 bps leap in its key interest rate to 46%, abruptly reversing its easing cycle and giving the lira a modest boost.
The surprise move, prompted by last month’s market roller‑coaster following Istanbul’s mayoral arrest, didn’t stop there: policymakers also raised the overnight lending rate from 46% to 49%, lifted the overnight borrowing rate to 44.5% from 41.0%, and suspended one‑week repo auctions. All of this unfolded against a backdrop of mounting global uncertainty, as the US‑China trade war escalates and rattles markets worldwide.
The Turkish Lira has appreciated markedly following the surprising hike by the CBRT, putting USD/TRY under decent downside pressure and dragging it to the 3800 neighbourhood on Thursday.