Stating that it is not a secret that President Tayyip Erdoğan wants to reduce the interest rate to single digits, Ahmet Hakan’s aunt Kübra Par said, “The Central Bank cut the policy rate by 100 basis points to 12 percent on September 22. The dollar against this was 18.20 from 18.20. “We don’t know, but it is clear that this situation will encourage the President to continue the interest rate cut. No one should be surprised if we see 9 percent in the next few months,” he said. Par stated the following in his article in Habertürk:
“It’s no secret that President Erdogan wants to reduce interest rates to single digits. According to the backstage information, he doesn’t want to wait too long for this.
The Central Bank cut the policy rate by 100 basis points to 12 percent on September 22. Against this, the dollar rose from 18.20 to 18.40. So, there was no ejection like it used to be. We don’t know if a measure was taken from behind for this, but in the end, it is clear that this situation will encourage the President to continue the interest rate cut. No one should be surprised if we see 9 percent in the next few months.”
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