MPC Remains On Hold As Expected

TURKEY - Report 15 Jun 2017 by Murat Ucer

The Monetary Policy Committee’s decision was broadly as expected. The Bank kept all its rates unchanged, i.e. the Late Liquidity Window (LLW) at 12.25%, the O/N lending and borrowing rates at 9.25% and 7.25%, respectively and the one-week repo rate at 8.0%.

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