Wednesday, July 24, 2013

Turkey raises rate to support economy - DAWN.com




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Turkey raises rate to support economy - DAWN.com




Turkey raises rate to support economy
DAWN.com
ANKARA, July 23: The Turkish central bank raised its overnight rate by 0.75 percentage points to 7.25pc, on Tuesday as it fights to support its currency from a flight of foreign capital. But the bank held its key rate at 4.5pc, the level to which it ...

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