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Turkey's central bank lowers its benchmark lending rate 100 basis points to 11.5%, citing a...

  • Tuesday, February 21, 2012, 7:37 AM ET
    Turkey's central bank lowers its benchmark lending rate 100 basis points to 11.5%, citing a "rebalancing between domestic and external demand," i.e. the current account deficit has stopped growing. TUR +27.3% YTD.
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