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Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%

Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a big hike and delivering additional tightening since then.

Kgaogelo MatshwiKgaogelo Matshwi
Apr 25, 2024 - 13:15
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Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%
Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a big hike and delivering additional tightening since then.
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