Turkey's central bank decided to maintain its key interest rate in its March meeting, as the committee assessed that the current monetary policy stance is adequate to support the necessary recovery in the aftermath of the earthquake by maintaining price stability and financial stability.
The Monetary Policy Committee, led by Governor Sahap Kavcioglu, left the policy rate, or the one-week repo auction rate, unchnaged at 8.5 percent, the Central Bank of the Republic of Turkey, or CBRT, said in a statement.
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