Türkiye's central bank holds policy rate steady at 50 pct for fifth consecutive month

ANKARA, Aug. 20 (Xinhua) -- Türkiye's central bank held its policy rate steady at 50 percent on Tuesday, marking the fifth consecutive month of unchanged rates, in line with market expectations.

In a statement, the bank's monetary policy committee noted a slight increase in the underlying trend of monthly inflation in July, though it remained below the second-quarter average.

The statement indicated