According to analysts at Rabobank, Turkey’s central bank is set to keep its policy rate unchanged at 24% when the decision is announced at 12:00BST today. Key Quotes “The main reason behind the necessity to maintain tight monetary policy is the prevailing vulnerability of the lira, which is the second worst performing EM currency so far this year.” “The CBRT may opt to strengthen the hawkish message to provide the vulnerable lira with some support.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next BOJ’s Kuroda: Low chance of reaching 2% inflation target in fiscal 2021 FX Street 4 years According to analysts at Rabobank, Turkey's central bank is set to keep its policy rate unchanged at 24% when the decision is announced at 12:00BST today. Key Quotes "The main reason behind the necessity to maintain tight monetary policy is the prevailing vulnerability of the lira, which is the second worst performing EM currency so far this year." "The CBRT may opt to strengthen the hawkish message to provide the vulnerable lira with some support." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
