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Turkey’s Erdogan Reiterates Call for Single-Digit Interest Rates

Visitors and shoppers at Mahmutpasha Bazaar in the Fatih district of Istanbul, Turkey.

Visitors and shoppers at Mahmutpasha Bazaar in the Fatih district of Istanbul, Turkey.

Photographer: Erhan Demirtas/Bloomberg

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Turkish President Recep Tayyip Erdogan has repeated his call for the country’s central bank to continue cutting its main interest rate to single-digits until year end.