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September 19, 2024

Bank of England keeps policy rate constant

ISTANBUL: The Bank of England kept its policy interest rate constant at 5% on Thursday, in line with market expectations.

The bank’s monetary policy committee voted by an 8-1 majority to keep the rate unchanged.

“The Committee voted unanimously to r…

President notes Cyprus’ role in the Eastern Mediterranean

President of the Republic Nikos Christodoulides has conveyed the message that 50 years after the Turkish invasion, the Republic of Cyprus not only is not a defunct state but instead is an EU member state with a significant role in the Eastern Mediter…