KM Financial Solutions | UPDATE 3-Turkey’s central bank leaves policy rate unchanged, defying expectations
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UPDATE 3-Turkey’s central bank leaves policy rate unchanged, defying expectations

UPDATE 3-Turkey’s central bank leaves policy rate unchanged, defying expectations

Turkey’s central bank left
interest rates on hold on Tuesday, bucking market expectations
of a hike and sending the lira sharply weaker, in its first
policy decision since President Tayyip Erdogan was re-elected
with new executive powers.

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