Turkey - Factors to Watch on Jan 23
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Turkey's financial markets may be influenced by several factors on January 23. The lira was trading at 43.3150-43.3770 against the U.S. dollar, up from 43.2850 the previous day. The BIST 100 index rose 0.97% to 12,851.49. The central bank reduced its key interest rate by 100 basis points to 37%, amid inflation concerns. President Erdogan expressed opposition to foreign interventions in Iran during a call with his Iranian counterpart. Trade Minister Omer Bolat will attend an Eximbank meeting at 0700 GMT.
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