Breaking: CBRT leaves policy rate unchanged at 14%, USD/TRY remains stuck in a range

The Central Bank of the Republic of Turkey (CBRT) announced its policy decision this Thursday and left the one-week repo rate unchanged at 14%, in line with the market expectations. 

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Turkey CBRT Interest Rate Decision in line with expectations (14%) in January

Turkey CBRT Interest Rate Decision in line with expectations (14%) in January
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USD/TRY challenges daily lows near 13.30 post-CBRT

The Turkish lira gathers further traction and now drags USD/TRY to weekly lows in the 13.2500/2000 band on Thursday. USD/TRY weaker on steady CBRT USD
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