ISTANBUL Jan 21 Turkey's central bank shied
away from hiking interest rates on Tuesday despite rising
inflation and a falling lira, in a bid to support economic
growth ahead of elections this year.
The bank kept its main policy rate, the one-week repo rate,
at 4.50 percent, its borrowing rate at 3.50 percent and its
overnight lending rate at 7.75 percent, it said in a statement
after its monthly monetary policy committee meeting.
It also left the primary dealers' overnight borrowing rate
from the central bank unchanged at 6.75 percent.
Only five out of 15 economists in a Reuters poll expected
the bank to make any move on the lending rate in its first
monetary policy meeting of the year.
(Reporting by Seda Sezer; Editing by Nick Tattersall)