Turkey Lifts Overnight Rate, Drops Easing Bias to Help Lira
By Mark Bentley and Steve Bryant
(Updates with market close in fifth paragraph, bank’s comment in 12th, IMF in 13th.)
Oct. 20 (Bloomberg) -- Turkey’s central bank raised the overnight lending rate and dropped a reference to reducing its benchmark rate in future, boosting the lira.
More:Turkey Lifts Overnight Rate, Drops Easing Bias to Help Lira - Businessweek
