UPDATE 2-Turkey holds rates in favour of back-door steps to support lira
Ali Kucukgocmen, Jonathan Spicer
By Ali Kucukgocmen and Jonathan Spicer
ISTANBUL, Aug 20 (Reuters) - Turkey’s central bank held its benchmark interest rate steady as expected on Thursday despite the lira hitting record lows this week, and it paved the way to more back-door measures that have tightened credit and slowed the currency’s decline.
More:UPDATE 2-Turkey holds rates in favour of back-door steps to support lira - Reuters
