Economy

Turkey's central bank to leave rates on hold: survey

Panel of 16 economists surveyed by Anadolu Agency forecasts no change in rates at next policy meeting

Bahattin Gönültaş  | 18.09.2015 - Update : 18.09.2015
Turkey's central bank to leave rates on hold: survey

ANKARA

The Turkish central bank is likely to hold interest rates at its next monetary policy meeting on Sept. 22, economists said in a survey.

A panel of 16 economists participated in a survey by Anadolu Agency on Friday, and forecast that the central bank would again hold rates as it did at its last monetary policy meeting on Aug. 18. 

The one-week repo rate -- the rate at which the Central Bank makes one-week loans to lenders -- is expected to remain at 7.5 percent.

The overnight lending rate is expected to remain at 10.75 percent and the overnight borrowing rate at 7.25 percent.

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