*

China stocks down after central bank rate decision

*

Turkish end-2024 CPI seen at 44.19% - c. bank survey

*

Ghana, bondholders start talks on debt restructuring

*

Stocks fall 1.3%, FX down 0.3%

By Shubham Batra

March 15 (Reuters) - Emerging market stocks and

currencies hit a one-week low on Friday and were on track to log

weekly losses, hurt by weakness in China stocks, while the

dollar gained after U.S. data led to receding bets of an early

rate cut from the Federal Reserve.

MSCI's index of emerging market stocks slipped

1.3% by 0830 GMT, set for its worst day in nearly two months.

Chinese property stocks were down and Hong

Kong's benchmark Hang Seng dropped 1.4% after China's

central bank left the one-year medium-term lending facility rate

unchanged, weighing on the broader index.

A gauge of regional currencies fell 0.3%, as

the dollar strengthened and U.S. benchmark bond yields

surged after a bigger-than-expected rise in U.S.

producer prices added to a heated reading on consumer inflation

earlier in the week.

"The latest PPI data reveals a significant increase. This

suggests that inflationary pressures persist not only at the

consumer level but also among producers," said Luca Santos,

currency analyst at ACY Securities.

"Despite concerns, a positive PPI report has bolstered

confidence in an optimistic inflation outlook, thereby

strengthening the US dollar."

The Turkish lira traded at 32.1950 against a

firm U.S. dollar as a central bank survey showed Turkey's

consumer price index (CPI) inflation is expected at 44.19% by

the end of 2024, up from an earlier estimate of 42.96%.

The South African rand extended losses and fell 0.2%

against a strong dollar after a mixed batch of local mining and

manufacturing data, while the Russian rouble

gained 0.1% against the greenback amid local polls.

Israel's shekel rose 0.2% ahead of CPI data at 1200

GMT.

In central and eastern Europe, the Polish zloty

was flat against the euro ahead of final January and February

CPI data and current account data later in the day.

The Czech crown was up 0.2% against the euro as

the country's working day adjusted industrial output remained

flat year-on-year in January, after a revised 0.5% fall in

December. Analysts polled by Reuters had expected a increase of

2.0% year-on-year.

The Swedish crown was down 0.2% against the euro.

Riksbank Deputy Governor Aino Bunge said on Friday that the

slowdown in Swedish inflation in February gives the central bank

greater confidence that inflation can be stabilised at the 2%

target.

Meanwhile, Ghana's bonds edged higher after Reuters reported

that Ghana's international bondholders had entered into

non-disclosure agreements with the government for formal talks

to restructure more than $13 billion of international bonds.