{"id":22167,"date":"2011-06-23T12:59:00","date_gmt":"2011-06-23T16:59:00","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?guid=e156f38fddb379c23006f63670a752d7"},"modified":"2011-06-23T12:59:00","modified_gmt":"2011-06-23T16:59:00","slug":"turkish-central-bank-holds-interest-rate-at-6-25","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/06\/23\/turkish-central-bank-holds-interest-rate-at-6-25\/","title":{"rendered":"Turkish Central Bank Holds Interest Rate at 6.25%"},"content":{"rendered":"<p><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \">The Monetary Policy Committee of the\u00a0<a href=\"http:\/\/www.tcmb.gov.tr\/\" style=\"text-decoration: none; color: rgb(55, 120, 205); \">Central Bank of the Republic of Turkey<\/a>\u00a0held its 1-week repo rate steady at 6.25%.\u00a0 The Bank also held the<font><font class=\"detail-text\">\u00a0overnight borrowing and lending rates unchanged at 1.50% and 9.00% respectively. \u00a0The Bank said:\u00a0&quot;Overall, in order to contain the risks towards price stability and financial stability, the Committee has decided to monitor the tightening impact of the existing policy mix and take additional measures along the same lines, if needed,&quot;<\/font><\/font><\/span><\/p>\n<div> <span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \"><br \/><\/span><\/div>\n<div><span class=\"Apple-style-span\" style=\"font-family: Verdana, Geneva, sans-serif; font-size: 12px; line-height: 16px; \">The central bank also held the <a href=\"http:\/\/www.centralbanknews.info\/2011\/05\/central-bank-of-turkey-holds-1-week.html\">interest rate<\/a> unchanged during its May meeting this year. Turkey recorded a surge in annual consumer price inflation of 7.2% in May, up from 4.26% in April, and 3.99% in March, and above the Bank&#39;s full year inflation target of 5.5%.<\/p>\n<p><a href=\"http:\/\/www.centralbanknews.info\/\"  style=\"text-decoration: none; color: rgb(55, 120, 205); \">www.CentralBankNews.info<\/a><\/span><\/div>\n<div class=\"blogger-post-footer\"><img width='1' height='1' src='https:\/\/blogger.googleusercontent.com\/tracker\/8290544642025682538-1519012594432226350?l=www.centralbanknews.info' alt='' \/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Monetary Policy Committee of the\u00a0Central Bank of the Republic of Turkey\u00a0held its 1-week repo rate steady at 6.25%.\u00a0 The Bank also held the\u00a0overnight borrowing and lending rates unchanged at 1.50% and 9.00% respectively. \u00a0The Bank said:\u00a0&quot;&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22167","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22167"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22167\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}