Central Bank of Turkey
Central Bank reserves reach $96.3B in June
The official reserves of the Central Bank of Turkey (CBRT) totaled $96.3 billion as of the end of June, the bank reported on July 26.
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Central Bank lowers interest rates 425 bps
The Central Bank of Turkey slashed its policy rate (one-week repo auction rate) by 425 basis points to 19.75 percent from 24 percent.
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Central Bank head vows data-focused approach
The design of monetary policy processes in the new period will be based on a data-focused approach, Murat Uysal, the newly appointed governor of the Central Bank of Turkey, said on July 15.
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Turkish Central Bank moves to back liquidity management
The Central Bank of Turkey (CBRT) on June 17 decided to provide primary dealer banks with a liquidity facility within the framework of open market operations.
Turkey’s Central Bank keeps key rate unchanged at 24 percent
The Central Bank of Turkey has kept its policy rate (one-week repo auction rate) unchanged at 24 percent as widely expected.
Local firms’ foreign assets rise to $6.2 billion
Non-financial companies' foreign exchange assets increased by $6.2 billion while their liabilities rose by $732 million in March compared to February, data from the Central Bank of Turkey showed on June 10.
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Central Bank increases reserve requirement ratios for FX
The Central Bank of Turkey (CBRT) on May 27 increased reserve requirement ratios for foreign exchange (FX) deposits to support financial stability.
Short-term external debt stock at nearly $120B
The Central Bank of Turkey (CBRT) announced on May 17 the country's short-term external debt stock amounted to $119.4 billion as of the end of the first quarter of 2019.
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Turkey's current account gap narrows in March
Turkey's current account deficit has dropped to $589 million in March, decreasing by $4.14 billion compared to the same month in 2018, the Central Bank of Turkey (CBRT) said on May 13.
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Turkish Central Bank reserves at $96.3B in March
The official reserves of the Central Bank of Turkey (CBRT) totaled $96.3 billion as of the end of March, the bank reported on April 26.
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