Tag Archives: Turkey

Turkish police launches operation against bootleg alcohol

The Turkish police on Monday launched a new nationwide operation against illegal and bootleg alcohol as dozens died of alcohol poisoning in Turkey. The Turkish Interior Ministry said in a statement that the police launched the "Poison 2" operation across 81 provinces against illegal and bootleg alcohol,

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Turkey's central bank cuts repo rate by 100 basis points

Turkey's central bank on Thursday cut its benchmark one-week repo rate by 100 basis points, from 16 percent to 15 percent, in line with market forecasts. The Monetary Policy Committee "decided to use the limited room implied by transitory effects of supply-side factors and other factors beyond monetary policy's control …

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