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Fatih Özatay
01 July 2022, Friday / Published in Economy

Recent banking move: No solution to vigorish borrowing rates

After a two-day delay, the Banking Regulation and Supervision Agency (BRSA) announced the rationale and the implementation methods for its Decision numbered 10250 (‘Decision’ from now on), taken on June 24 and caused great controversy; including about loans and rates. The statement made on June 26 sets out the reasoning for the Decision. Trying to
BankingBDDKBRSAcurrency crisiscurrency demandFatih ÖzatayinflationTurkey's Economy
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