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Interest on 1m TRY deposits trades above inflation For First Time In 1Y

TURKEY
  • Interest on 1m TRY deposits at state banks trades above inflation for the first time in a year at 14.05%
  • according to CBRT figures.
  • Local economists say higher net returns from deposits are vital to TRY stability and reducing dollarisation - Ahval
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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