A Discount carried out in the direction of the Expectation of the Real Sector

HABERLER
A Discount carried out in the direction of the Expectation of the Real Sector

A Discount carried out in the direction of the Expectation of the Real Sector

(21.05.2020 . 11:29:51) (Okuma: 215)

President of the Istanbul Commodity Exchange Ali Kopuz evaluated the Central Bank Monetary Policy Committee's policy interest rate by reducing 50 basis points from 8.75 percent to 8.25 percent.

Reminding that many central banks had gone to cut interest rates in the past month, President Ali Kopuz said, "The Central Bank of the Turkish Republic correctly reads the situation we are in and follows a strategy similar to that of the world's leading emerging economies. With the effect of the recovery of Turkish Lira, there was a discount in the direction of the real sector's expectations. ” said.

Kopuz said, “It is obvious that the global economy is negatively affected by the coronavirus epidemic. Discounts should continue to recover our economy rapidly and lower the cost of access to the real sector to finance. I believe that especially in this pandemic process, steps that will contribute to both the revival of the domestic market and the strengthening of our exports should continue. ”