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2024

Turkish Central Bank holds interest rates at 50 pct

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ANKARA, July 23 (Xinhua) -- Türkiye's Central Bank held its policy rate steady at 50 percent on Tuesday in line with market expectations.

The institution's Monetary Policy Committee said the decision considered the lagged effects of the monetary tightening but promised to remain highly attentive to inflation risks.

The committee said in a statement that a temporary rise in July's underlying inflation