Turkish Central Bank Holds Interest Rate Steady as Lira Feels Pressure Before Runoff

The Turkish central bank has made the decision to extend its period of unchanged interest rates for the third consecutive month. This move is aimed at ensuring the stability of the lira, particularly in anticipation of an upcoming presidential runoff.

For the continuation of the news:

https://www.bloomberg.com/news/articles/2023-05-25/turkey-looks-to-delay-lira-reckoning-by-holding-rates-day-guide?srnd=premium-middle-east&leadSource=uverify%20wall