Turkish central bank governor says he informed banking sector about recent rate cuts
ISTANBUL, Nov 25 (Reuters) - Turkey's central bank governor said he informed the banking sector about recent interest rate cuts at a meeting on Thursday after a slide in the lira to record lows, adding that the banking sector was able to overcome market volatility.
Governor Sahap Kavcioglu told reporters after the meeting with top bankers and the country's BDDK banking watchdog that they made general evaluations on economic developments, and he said that the banking sector was very strong, describing the discussions as routine.
Reporting by Tuvan Gumrukcu, Ezgi Erkoyun and Ebru Tuncay Editing by Daren Butler
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