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Interest rates held for 4th consecutive month PDF Print E-mail
Saturday, 20 March 2010
ShareThe Monetary Policy Committee of the Central Bank of Turkey, announced on Thursday 18th March, that interest rates are to remain unchanged.  

This is the fourth consecutive month that the lending rate has stayed at 9%.

The committee reiterated that it would be necessary to keep rates low for some time to come.  

However, it is watching carefully the recent rise in inflation, and will not hesitate to act (increase rates), if there are signs of inflation getting out of control.

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Last Updated on Saturday, 20 March 2010