Turkish Central Bank

Turkey's current account posts $1.71 bln gap in April

Turkey's current account balance posted a deficit of some $1.71 billion in April, down by $3.58 billion from the same month last year, the Turkish Central Bank announced on June 14. 

According to the balance of payments figures released by the bank, the country's 12-month rolling deficit totaled around $32.7 billion.

Turkey's manufacturing capacity usage down in May

The capacity utilization rate (CUR) in the Turkish manufacturing industry fell on a monthly basis in May, according to official data announced on May 25. 

Local manufacturing industry units operated at 75.3% of their capacity this month, down 0.6 percentage points from March, according to a survey by the Turkish Central Bank.

Turkey's assets abroad total $250.2 bln in first quarter

Turkey's external assets reached $250.2 billion in the first three months of 2021, an increase of 3.5 percent from the end of last year, Turkish Central Bank data showed on May 20.

The country's liabilities against non-residents fell 8.6 percent to $589.5 billion during the January-March period.

Turkey's current account posts $3.33 bln gap in March

Turkey's current account balance posted a deficit of some $3.33 billion in March, decreasing by $2.12 billion from the same month last year, the Turkish Central Bank announced on May 11. 

According to the balance of payments figures released by the bank, the country's 12-month rolling deficit totaled almost $36.2 billion.

Central Bank acted legally in FX transactions: Minister

The Turkish Central Bank has been using the legal authority given to it by laws to keep the foreign exchange markets under control and protect the value of the Turkish Lira, Treasury and Finance Minister Lütfi Elvan said on April 19.

"The Central Bank has been using the inflation targeting regime since 2006," Elvan said in an interview with news channel NTV.

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