Pandemic Inflation Upswing Pins Turkish Rate in Place for Longer
Visitors wearing protective face masks take a 'selfie' smartphone photograph outside the Hagia Sophia mosque in the Sultanahmet district of Istanbul, Turkey. (Photographer: Kerem Uzel/Bloomberg)

Pandemic Inflation Upswing Pins Turkish Rate in Place for Longer

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(Bloomberg) -- Turkey extended its pause on interest rates on Thursday as the central bank waits out an upswing in inflation while the economy bounces back after the coronavirus pandemic.