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Turkish cenbank governor decisive on roadmap for 2024 disinflation

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ANKARA, Aug 28 - Turkey's central bank continues to implement a roadmap towards starting disinflation in 2024 by taking"gradual and decisive" steps, its governor Hafize Gaye Erkan said on Monday.

Last week, Turkey's central bank hiked its key interest rate by a larger-than-expected 750 basis points to 25%, signalling a new determination to address rebounding inflation as part of a broader policy U-turn.

 

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