Turkey retains policy interest rate

By Xinhua News Agency

Jun 19, 2021 12:56 am

ANKARA: Turkish central bank on Thursday (Friday in Manila) kept its policy interest rate unchanged at 19 percent for the third month in a row.

The bank explained in a statement that it is still cautious for an expectation of high inflation and will continue to adopt a monetary policy with 'a strong disinflationary effect.'

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