Turkish central bank holds rates steady

Comment on this story
Turkey's central bank1 Reuters.

Ankara - Turkey's central bank kept its key interest rates steady on Tuesday, sending the currency to a new low of around 2.25 lira to the dollar.

The bank said in a statement after its monthly policy meeting that it was holding its key overnight rate at 7.75 percent, one-week repurchasing or repo rate at 4.5 percent and its borrowing rate at 3.5 percent. - Sapa-AFP



sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.