Thursday, 23 July 2015

Turkish Central Bank leaves main interest rate unchanged

Turkish Central Bank leaves main interest rate unchanged
Turkish Central Bank Governor Erdem Başçı (Photo: DHA)
Turkey's central bank left its benchmark one-week repo rate unchanged at 7.5 percent on Thursday as a recent drop in food prices took pressure off inflation and global liquidity remained ample. All 16 economists polled by Reuters had expected key interest rates to be left on hold.

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