India, Oct. 22 -- Turkey's central bank reduced its key interest rates for the first time since January.
The Monetary Policy Committee of the Central Bank of the Republic of Turkey decided to cut the one-week repo rate by 100 basis points to 36.00 percent.
The committee also lowered the central bank overnight lending rate to 39.0 percent from 40.0 percent and the overnight borrowing rate to 34.5 percent from 35.5 percent.
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