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Turkey’s Central Bank raises lira swap rate
Turkey’s Central Bank increased the Turkish lira interest rate for swap transactions by 150 basis points on Friday, Anadolu Agency reports. The rate, the bank uses in weekly currency swaps, rose to 11.75 per cent from 10.25 per cent, according to information obtained by an Anadolu Agency reporter. The bank’s…
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Click here to read the full story: Middle East Monitor