Turkish Lira Deposit Scheme Ends
This is a the Republic of Türkiye news story, published by Daily Sabah , that relates primarily to Central Bank news.
the Republic of Türkiye news
For more the Republic of Türkiye news, you can click here:
more the Republic of Türkiye newsNews about forex trading & speculation
For more forex trading & speculation news, you can click here:
more forex trading & speculation newsDaily Sabah news
For more news from Daily Sabah , you can click here:
more news from Daily SabahAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about forex trading & speculation, you might also like this article about
Turkish central bank. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest Turkish lira deposits news, Turkish lira assets news, news about forex trading & speculation, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Turkish lira deposit schemeDaily Sabah
•Turkish central bank plans to terminate FX-protected scheme in 2025
76% Informative
Central Bank of the Republic of Türkiye ( CBRT ) shared its " Monetary Policy for 2025 " road map.
Central bank said it planned to end the foreign exchange-protected Turkish lira deposit scheme, the so-called KKM .
The central bank lifted the key policy rate by 4,150 basis points between the summer of 2023 and March of this year to rein in price gains.
Annual inflation declined to 47.09% in November from an annual high of 75% in May .
VR Score
87
Informative language
94
Neutral language
26
Article tone
semi-formal
Language
English
Language complexity
56
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links