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View Full Version : Turkish Central Bank Keeps Its Benchmark Interest Rate Unchanged at 5.75% - Bloomberg



NewsWhore
12-22-2011, 08:30 AM
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Turkish Central Bank Keeps Its Benchmark Interest Rate Unchanged at 5.75% (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFSOnoEk0SgtjEaZyUeHcHKrQ_KIw&url=http://www.bloomberg.com/news/2011-12-22/turkish-central-bank-keeps-its-benchmark-interest-rate-unchanged-at-5-75-.html)
Bloomberg
The bank sold $700 million the following two days to stabilize the currency and pledged to sell as much as $1.7 billion for lira today and tomorrow. The bank&#39;s foreign exchange reserves were $94 billion as of Dec. 9, equivalent to almost five months of ...

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