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

India's stocks rise to all-time high before election

Indian equities rallied on Tuesday trading session rising towards the highest level all-time on strong overseas demand boosting the Indian blue chips before the general elections in the country and as report showed that industrial production slightly gained. The benchmark index BSE advanced 0.1% following an increase by 1.1% to 22,040.72, the new record level.

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