Tag Archive: CBRT overnight borrowing rate

CBRT Raises Rates, Pushing Turkish Lira Up

The Turkish lira has aggressively rallied this morning after the Central Bank of the Republic of Turkey raise the one-week repo rate by +100 bps to +17.75%. Over 60% of FX dealers were expecting a tighter monetary policy, but by…
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Italian Politics Weighs on the Euro

Tuesday May 8: Five things the markets are talking about Capital markets are back to full capacity after yesterday’s May Day celebrations in parts of Europe. Euro stocks are drifting lower despite the broad advances in Asia overnight, while crude…
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