India, July 23 -- Turkey's central bank left its key interest rate unchanged on Thursday amid heightened uncertainty surrounding the war in the Middle East. The Monetary Policy Committee, governed by Yasar Fatih Karahan, decided to keep the one-week repo rate at 37.00 percent, as widely expected.
Previously, the bank had slashed the policy rate by 100 basis points in January. The bank has left its overnight lending rate at 40.0 percent and overnight borrowing rate at 35.5 percent.
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