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Turkey's Central Bank To Stay On Hold

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Nov 24, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    In Turkey the CTRB is expected to stay on hold with the repo rate at 1.50% and overnight lending rate at 10.75. Inflation remains elevated yet the Central Bank is not likely to move until the Fed hikes Rates. The CTRB is enjoying the relief in USDTRY (deprecation) post-election and[​IMG]

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