June 24, 2014 / 11:08 AM / 3 years ago

Turkish cenbank says policy to remain tight until improvement in inflation

ISTANBUL, June 24 (Reuters) - Turkey’s central bank said on Tuesday it would maintain a tight monetary policy stance until there was a significant improvement in the outlook for inflation.

It said it expected inflation to begin falling significantly this month, partly due to base effects, and said it saw a clear improvement in the country’s current account deficit, its main economic weakness, this year. (Reporting by Seda Sezer and Daren Butler; Editing by Nick Tattersall)

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