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central

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Turkey central bank keeps key interest rate unchanged

  • 2 min
Turkey's central bank has maintained its key interest rate at 50 percent for the second consecutive month, despite the country grappling with surging inflation. The bank remains vigilant of inflation risks and is poised to tighten monetary policy if needed. The government has also announced a three-year austerity plan to curb public spending and combat inflation.
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Haris Rauf’s central contract terminated

  • 2 min
Pacer Haris Rauf’s central contract with Pakistan Cricket Board terminated after refusal to play Test series against Australia. Termination effective from December 1, 2023 to June 30, 2024 with no NOC to play in foreign leagues. PCB stated unsatisfactory response from Rauf in hearing. Criticism over performance since Cricket World Cup 2023. Conflicting claims on Rauf's willingness to play Test cricket.