Arab Today, arab today turkish central bank keeps interest rate
Last Updated : GMT 14:07:01
Arab Today, arab today
Arab Today, arab today

Turkish central bank keeps interest rate

Arab Today, arab today

Arab Today, arab today Turkish central bank keeps interest rate

Ankara - Tehran

Turkish central bank Governor Erdem Basci left the benchmark interest rate unchanged at a historic low and signaled he may consider cuts if European debt problems put a halt to Turkish growth. The central bank in Ankara kept the benchmark one-week repo rate at 6.25 percent, according to a statement on its website on Friday. That matched the forecast of all 12 economists surveyed by Bloomberg. The bank will release minutes of the meeting within five working days. Basci is trying to engineer a slowdown from the 11 percent annual economic growth that Turkey recorded in the first quarter and said on Friday that the bank is sticking by its policy of low rates and curbs on bank credit, “given the growing uncertainty for the global economy.” Poland central bank ready to intervene when necessary Poland\'s central bank is ready to intervene on the foreign exchange market should the situation in the euro zone threaten the stability of the Polish zloty, said Malgorzata Zaleska, board member at the National Bank of Poland. The bank won\'t announce such interventions beforehand, she said in an interview Friday with broadcaster TVN CNBC. \"\"It\'s important to remember that the National Bank of Poland constantly analyzes the situation on international markets and keeps track of the exchange rate. Of course if there\'s a need, it\'s ready to intervene. It\'s a good tradition, however, not to announce interventions,\"\" she said. Amid concerns over Greek sovereign debt, the zloty earlier this month weakened sharply, hitting PLN4.06 to the euro on July 12, the highest level since March German business confidence slides more than expected in July German business confidence declined more than expected this month amid jitters over Europe’s debt crisis, but the overall picture remains positive, a closely watched survey showed Friday. The Ifo Institute’s confidence index dropped to 112.9 points for July, from 114.5 in June. While the index remains in sight of the multiyear highs it reached in recent months, economists had expected a slip of less than a point. Ifo said companies’ assessment of both their current situation and the outlook for the next six months declined. Manufacturers expect slower export growth, and the climate also darkened in the retail sector, Ifo said. But “even though the business expectations are weakening, the German economy is still enjoying pleasant summer days,” it added.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today turkish central bank keeps interest rate Arab Today, arab today turkish central bank keeps interest rate

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars

GMT 01:47 2017 Saturday ,25 February

Bank of Ireland reports 11-pct decrease in 2016 profits

GMT 21:27 2017 Wednesday ,22 February

Banks reject Saudi Telecom bid to resolve debt issue

GMT 15:19 2017 Wednesday ,22 February

Al Rajhi Bank delegation visits Aladdiyat Al Saudia

GMT 11:30 2017 Wednesday ,22 February

HSBC Mena profit falls on higher operating expenses

GMT 13:32 2017 Tuesday ,21 February

UAE Central Bank announces banking developments

GMT 05:09 2017 Tuesday ,21 February

Economy good, but homes in German cities
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday