Turkey’s central bank decided to maintain its benchmark interest rate at 37 percent on Thursday, a move anticipated by financial markets. The decision reflects the bank’s continued focus on curbing persistent inflationary pressures within the country. The central bank cited ongoing risks related to inflation and geopolitical uncertainties, specifically referencing the situation in Iran, as key factors influencing its policy. This marks a continuation of the bank’s tight monetary policy approach. The Monetary Policy Committee convened to make the determination, acknowledging the need for stability. No immediate changes to the current strategy are expected, according to reports from Anadolu news agency. The bank will continue to monitor economic developments and adjust policy as needed.