Turkey’s central bank has reduced interest rates for the first time since March, continuing a decrease in derailment from the political crisis that came from the arrest of an opposition leader, according to Reuters.

The Monetary Policy Committee reduced the one -week interest rate to 43% from 46% on Thursday, more than expected in Bloomberg survey between analysts, where the average prediction was a decrease of 250 basis points.

The move marks that politics led by Commander Fatih Karahan believe that Turkish markets have calmed down after the sale of shares and the mass demonstrations caused by the arrest of Ekrem Imoglou, the mayor of Konstantinou

The central bank has since been cautious for a possible currency slide and increased its basic interest rate to 46% from 42.5% in April. Turkish markets have been rallying in recent weeks, with shares and local currency bonds gaining ground.

Inflation in June slowed more than expected, at 35.1%, bringing the central bank closer to its end for the end of the year, which is 24%. While Turkey still has one of the highest inflation rates in the world, it has fallen from 75% last May thanks to a strict framework for monetary policy.