Tuesday, September 17, 2013

Turkish central bank seen holding rates, betting on Fed for reprieve

Turkish central bank seen holding rates, betting on Fed for reprieve
Tuesday, 17 September 2013 04:52
Posted by Abdul Ahad

ISTANBUL: Turkey's central bank is expected to keep interest rates on hold on Tuesday, betting instead on the US Federal Reserve to help ease pressure on emerging markets by unwinding its massive stimulus programme only gradually.

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