May 9, 2019 / 10:11 AM / 2 months ago

Turkish central bank says suspends 1-week repo auctions

ISTANBUL, May 9 (Reuters) - Turkey’s central bank said on Thursday it decided to suspend one-week repo auctions for a period of time, in response to what it said were developments in financial markets.

The move came after the lira hit its weakest level since late September.

Reporting by Ali Kucukgocmen and Ezgi Erkoyun Editing by Dominic Evans

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