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Tuesday, May 18, 2010

Turkish Central Bank Fixes Repo Rate as New Benchmark (Update1) - BusinessWeek

"Turkish Central Bank Fixes Repo Rate as New Benchmark (Update1)
May 18, 2010, 12:50 PM EDT

By Steve Bryant

May 18 (Bloomberg) -- Turkey’s central bank established the one-week repo lending rate as its new key interest rate today, while keeping the previous benchmark unchanged at a record low of 6.5 percent."

More:Turkish Central Bank Fixes Repo Rate as New Benchmark (Update1) - BusinessWeek