ISTANBUL: Turkey's central bank left its main interest rates unchanged on Wednesday, opting to keep policy tight as it awaits a sustained improvement in inflation expectations.
Those expectations have come down due to falls in oil and commodity prices, but only one of 18 economists in a Reuters poll had expected the bank to cut key rates on Wednesday.
The bank left its one-week repo rate at 8.25 percent, its overnight lending rate at 11.25 percent, its primary dealers' overnight borrowing rate at 10.75 percent and its overnight borrowing rate at 7.50 percent.
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