The Turkish Central Bank on Feb. 19 lowered its policy rate (one-week repo rate) by 50 basis points.
In a statement released after Feb. 19's Monetary Policy Committee (MPC) meeting, the bank said the policy rate dropped to 10.75 percent from 11.25 percent.
A survey by Turkey's state-run Anadolu Agency had forecasted a change between 25 and 75 basis points.
Security forces on Feb. 18 detained 50 suspected members of the FETÖ, the group behind the defeated coup attempt of 2016, state-run Anadolu Agency reported.
Turkey on Feb. 18 detained180 suspected members of the FETÖ, the group behind the defeated coup attempt of 2016, state-run Anadolu Agency reported.
Fifty of the detainees are part of a group of 71 FETÖ members who infiltrated the Justice Ministry sought by warrants in a 15-city operation ordered by prosecutors in the capital Ankara, Anadolu Agency cited sources as saying.
Turkish President Recep Tayyip Erdogan arrived in Pakistan's capital Islamabad yesterday for a two-day official visit, the Anadolu Agency reported.
Prime Minister Imran Khan, along with cabinet members, welcomed the Turkish president, accompanied by a high-level delegation to PAF Base Nur Khan - a military base used for foreign government officials.
As tensions continue to rise in the last Syrian rebel bastion of Idlib, Russia and the United States are now battling, in Turkish, on an unprecedented turf: Twitter.
The U.S. Embassy in Ankara posted a video on its Twitter account with the caption "Eyes on Idlib."
The video's message voiced solidarity with Turkey and said the U.S. will "use its power for peace in Syria."