The Central Bank of the Republic of Turkey (CBRT) Wednesday left its policy rate – one-week repo auction rate – unchanged at 24 percent as expected and said it will keep its policy stance tight to "reinforce the disinflation process."
The decision was announced in a statement following the bank's fourth Monetary Policy Committee (MCP) meeting. The bank will hold four more MCP meetings this year.
Recent data shows the rebalancing trend in the economy has continued, the bank noted.
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