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.