Turkey’s central bank lowers key interest rate to 47.5%


A seller attends to a man, next to a currency exchange shop at Eminonu commercial area, in Istanbul, Turkey, Thursday, Dec. 26, 2024, as Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% carrying out its first rate cut in nearly two years as it tries to control soaring inflation. (AP Photo/Francisco Seco)



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