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Thursday, February 18, 2021

Turkish central bank stays hawkish, holds rates steady at 17% | Reuters

Turkish central bank stays hawkish, holds rates steady at 17% By Daren Butler, Ali Kucukgocmen ISTANBUL (Reuters) - Turkey’s central bank held interest rates steady at 17% as expected on Thursday and kept up a hawkish tone, promising tighter policy if needed to rein in inflation that has risen to 15%. More:Turkish central bank stays hawkish, holds rates steady at 17% | Reuters