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Turkish Central Bank Keeps Interest Rates Unchanged


Turkish Central Bank Keeps Interest Rates Unchanged
also known as 1 week repo rate – stands at 17% in line with market expectations.
The Turkish Central Bank on Thursday kept the policy rate stable in line with market expectations.
The bank s policy rate also known as the one-week repo rate stands at 17%, the bank said in a statement, noting that additional monetary tightening would be delivered if needed.
The decelerating impact of the strong monetary tightening on credit and domestic demand is expected to become more significant, hence the effects of demand and cost factors on inflation are envisaged to wane gradually, the bank said. ....

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Turkish Central Bank Keeps Interest Rates Unchanged


Turkish Central Bank Keeps Interest Rates Unchanged
also known as 1 week repo rate – stands at 17% in line with market expectations.
The Turkish Central Bank on Thursday kept the policy rate constant in line with market expectations.
The bank s policy rate – also known as the one-week repo rate – stands at 17%, the bank said in a statement, noting that additional monetary tightening would be delivered if needed.
The decelerating impact of the strong monetary tightening implemented in November and December MPC meetings on credit and domestic demand is expected to become more significant, the bank said.
Therefore, it added, the effects of demand and cost factors on inflation are projected to diminish gradually. ....

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