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.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines