Turkey holds fire on rates as LimakPort lines up to print

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Turkey holds fire on rates as LimakPort lines up to print

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White arrow growth up on the background of the flag of the Turkey. | Paopano - stock.adobe.com

The new Turkish central bank governor Sahap Kavcioglu kept rates unchanged at his second monetary policy meeting since taking office. Although a rate cut was unlikely, the decision bodes well for Turkish port operator LimakPort's planned dollar bond next week.

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