Turkey's central bank keeps rates unchanged

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Source: RTT News
The Turkish national bank decided to maintain its benchmark refinancing rates at a current level for the second straight time after the rates were raised aggressively on January's policy meeting, the Monetary Policy Committee showed in a report on Tuesday. According to the report, the bank left the repo-rate rate at a level of 10% and the overnight rate at 8%.

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Tue, 18 Mar 2014 13:35:35 GMT

U.S. housing starts drop further in February

Housing starts in the world's largest economy declined further in February after recording a notable drop in the month before, a report published by the Commerce Department showed on Tuesday. The U.S. housing starts fell 0.2% on an annual basis in February totaling 907,000 following a 11.2% slide in January.

Tue, 18 Mar 2014 13:23:55 GMT

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