Turkey's Central Bank is expected to keep interest rates unchanged next week, according to an Anadolu Agency survey on Aug. 14.
The eighth monetary policy committee (MPC) meeting of this year will be held on Thursday (Aug. 20) to announce the bank's decision on interest rates.
A majority of 22 economists surveyed by Anadolu Agency forecast no change in interest rates.
The Turkish Treasury borrowed 3.2 billion Turkish liras ($471 million) from domestic markets on June 8, said an official statement.
The Treasury and Finance Ministry announced the fixed coupon bonds (semiannually, reopen) were sold in an auction.
The government bonds will be settled on June 10 and mature on May 5, 2022.
The Board of Directors of the National Bank of Romania (BNR) decided, in Friday's meeting, to reduce the monetary policy interest rate to 1.75% per year, from 2% per year, starting with June 2, informs the central bank.
We have gone out on the international markets and the interest in Romania has been almost 14 billion euros, of which we have chosen to borrow 3.3 billion euros, the Public Finance Minister Florin Citu said after the government meeting on Wednesday. He specified that the loan offered the possibility of financing expenditure from the budget without any problems.
The Central Bank of Turkey on April 22 reduced its one-week repo rate 100 basis points.
The bank's policy rate -- also known as the one-week repo rate -- fell to 8.75% from 9.75%.
The decision came in a statement from the bank's Monetary Policy Committee (MPC) meeting -- the fourth of twelve meetings scheduled for 2020.
The Turkish Central Bank is forecast to cut its interest rates for the 10th month in a row, according to a panel of economists surveyed by Anadolu Agency on April 20.
The fourth Monetary Policy Committee (MPC) meeting of the year will be held on April 22 to announce the bank's decision on interest rates.
The Board of the National Bank of Romania (BNR) decided Friday in an emergency monetary policy sitting, to cut the key interest rate to 2 per cent, from 2.5 per cent, as of 23 March 2020, a release by the central bank informs.