Turkish central bank holds rates steady

Published Jan 21, 2014

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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

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