Exporters are pleased with the interests rate cut

President of Turkish Exporters Assembly Mehmet Büyükekşi made a statement regarding the Central Bank's decision to cut interest rates by 0,25%.

Expressing the exporters' gratification over the decision, Büyükekşi stated that interest rate cuts should continue along with required reserve ratio cuts in the following months.

“Expansionary monetary policies continue to be in effect around the world. OECD recently revised growth expectation for global economy to 2.9%, so we expect world economies to stick with expansionary policies to promote growth” Büyükekşi added.

Published on Friday, September 23, 2016
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