Turkey
CBT's Measured Easing Signals Cautious Shift Amidst Lira Volatility; Gold's Allure Endures
The Central Bank of Turkey (CBT) has ushered in a period of heightened market scrutiny with its latest interest rate decision on October 23, 2025. Delivering a more conservative 100-basis-point cut to its benchmark one-week repo rate, bringing it to 39.5%, the CBT has signaled a notable shift in