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Türkiye maintains its policy rate at 8.5 percent

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The Monetary Policy Committee (the Committee) has decided to keep the policy rate (one-week repo auction rate) constant at 8.5 percent. Although recently released data...

The Bank of Korea’s Monetary Policy Council made the decision to...

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In order to assess the impact of previous rate hikes, South Korea's central bank decided to hold its interest rate, bringing an end to...

Interest rate for all housing loan agreements in Portugal increased to...

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IMPLICIT INTEREST RATES IN HOUSING IN PORTUGAL January 2023 The implicit interest rate for all housing loan agreements increased from 1.898% in December 2022 to 2.217%...

In Türkiye interest rate is decreased from 9% to 8.5%

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The Monetary Policy Committee (MPC) has decided to reduce the policy rate (one-week repo auction rate) from 9 percent to 8.5 percent. Although recently released...

Monthly maximum contractual interest rate for credit card borrowings in Turkish...

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Monthly maximum contractual interest rate for credit card borrowings in Turkish lira has been revised as 1.40 percent According to the news published by Central...

Interest Rate Support in Turkey

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Interest Rate Support in Turkey This support will be available for investment loans, borrowed to finance the investment, with a maturity of at least one...

Central Bank lowers Turkey year-end inflation forecast

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Central Bank lowers Turkey year-end inflation forecast According to the news of Hürriyet Daily News, Turkey’s Central Bank on Oct. 31 cut the year-end inflation projection for...

What are the Consequences of Non-Payment of Wages on Due Date...

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The consequences of non-payment of wages on due date are indicated in article 34 of the Labor Law no. 4857: - The employee whose wage...

What is Trade Bill? How to Prepare a Trade Bill in...

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1- WHAT IS TRADE BILL? Trade Bill: It is a kind of document ordering someone to pay a particular amount to himself/herself or the person,...

Fed Holds Interest Rates Steady, Downplays Economic Weakness!

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The U.S. Federal Reserve kept interest rates unchanged on Wednesday and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market,...