Central Bank of Turkey

The Central Bank of Turkey (CBRT) on March 31 introduced new measures to limit the economic fallout from the novel coronavirus pandemic.

The steps aimed to back monetary transmission mechanisms, banks' flexibility in liquidity management, uninterrupted credit flows to the corporate sector, and firms exporting goods and services.

The confidence of Turkish consumers in the economy fell 2.7 percent this month, Turkey's statistical authority said on Feb. 20.

On a monthly basis, the index was valued at 57.3 in February, down over one point versus the previous month, the Turkish Statistical Institute (TÜİK) announced.

Turkey's central bank on Jan. 17 reported that the country's short-term external debt stock amounted to $114.6 billion as of the end of November 2019.

The external debt stock -- maturing within one year or less -- increased by 1 percent in November, compared to the end of 2018, according to the Central Bank of Turkey (CBRT).

Turkey's current account balance saw a deficit of $518 million in November 2019, official figures revealed on Jan. 13.

The balance posted a $1 billion surplus in the same month of 2018, according to the Central Bank of Turkey (CBRT).

The bank's balance of payments figures showed the country's 12-month rolling surplus amounted to $2.7 billion.

Turkey's manufacturing sector used 77 percent of its capacity in December, according to a Central Bank survey released on Dec. 26.

The capacity utilization rate (CUR) of the manufacturing sector fell slightly this month, 0.2 percentage point on a monthly basis.

The Central Bank of Turkey (CBRT) on Oct. 24 cut its one-week repo rate by 250 basis points.

Economists, surveyed by Anadolu Agency on Oct. 21, predicted that the Central Bank of Turkey (CBRT) will further reduce interest rates.

The Central Bank of Turkey (CBRT) on Oct. 1 opened a foreign exchange gold swap market.

The Central Bank of Turkey (CBRT) has announced that Turkish lira currency swap transactions would be executed with widened periods.

The Central Bank of Turkey (CBRT) changed reserve requirement ratios to support financial stability on Aug. 5.