October 31, 2019 / 8:04 AM / 3 months ago

Turkish cenbank has used "significant portion" of space for loosening policy -governor

ISTANBUL, Oct 31 (Reuters) - Turkey’s Central Bank has used a significant part of the space available for loosening monetary policy, Governor Murat Uysal said on Thursday, a week after it cut its key interest sharply to 14%.

“I want to stress that...at the point we have reached, we have used a significant portion of the space in the loosening direction,” Uysal told reporters at a news conference to present the bank’s quarterly inflation report. (Reporting by Ezgi Erkoyun, Ali Kucukgocmen and Jonathan Spicer Writing by Dominic Evans Editing by Daren Butler)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below