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Emerging MarketsEM CEE

Turkey holds fire on rates as LimakPort lines up to print

AdobeStock_Turkey_up_575x375_09Nov2020

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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