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Wednesday, October 23, 2013

AFP: Turkish central bank holds rates as crunch eases

Turkish central bank holds rates as crunch eases

By Fulya Ozerkan (AFP) – 5 hours ago

Ankara — Turkey on Wednesday kept its key overnight rate at 7.75 percent, holding to a promise not to raise rates in defence of the lira and helped by perceptions that US monetary stimulus will remain in place for some time.

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