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September 25
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Turkey's central bank on Thursday decided to lower the discount rate from 14 percent to 13 percent, according to a statement from the regulator.

"The Monetary Policy Committee decided to lower the rate at the weekly repo auctions from 14 percent to 13 percent," the regulator said in a statement following the meeting.

Turkey's central bank has kept the rate unchanged this year, and the lira has gradually weakened: while the exchange rate was about 13.5 lira per dollar at the end of January, it was already 14 lira at the end of February and now reaches 18 lira. Inflation in annual terms, according to the country's Institute of Statistics, accelerated in July to 79.6%.

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