Central Bank of Turkey
Turkey's Central Bank holds policy rate constant
The Central Bank of Turkey on April 25 kept its one-week repo rate - also known as the policy rate - constant at 24 percent.
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Turkey's Central Bank posts $10.7B net profit in 2018
The Central Bank of Turkey (CBRT) on Saturday announced it posted a net profit of nearly 56.3 billion Turkish liras ($10.7 billion) in 2018.
Turkish Central Bank sharply raises 2018 year-end inflation forecast to 23.5 percent
The Central Bank of Turkey (TCMB) has sharply raised its 2018 inflation forecast to 23.5 percent from its previous forecast of 13.4 percent, Central Bank Governor Murat Çetinkaya said on Oct. 31.
Appreciation of the Turkish Lira by 3% Against the Dollar
The Turkish lira rose nearly 3% against the US dollar. This happened after the Central Bank of Turkey decided to simplify its monetary policy.
Turkish Central Bank says further monetary tightening may be delivered 'if needed'
The Central Bank of Turkey may carry out additional monetary tightening "if necessary" as it closely monitors the impact of the latest developments on inflation, pricing behavior and other factors affecting inflation, the bank's Governor Murat Çetinkaya has said.
Yogi Berra on the Turkish economy
I learned the basics of America?s favorite pastime only when the Red Sox were on their way to break the Bambino?s curse in 2004. Therefore, I won?t hold it against you if you have never heard of Yogi Berra.
However, the baseball great, who passed away on Sept. 22, was famous for his ?wise? sayings, some of which apply to the Turkish economy really well.
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'Fed' up with Turkish monetary policy
Many Turkey analysts and economists interpreted the U.S. central bank Federal Reserve?s (Fed?s) decision to keep its policy rate on hold on Sept. 17 as something positive for the Turkish economy and assets.
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Which one is worse?
Is it the delay in the imminent policy decision by the Fed, America?s Central Bank? Or is it that in early 2016, Erdem Ba?ç?, the governor of the Central Bank of Turkey, will have ended his term? Which one is worse for the Turkish economy? Let?s weigh the potential impact of each.
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Risk of a housing price bubble in Turkey: A commentary
Turkey's housing market has become a subject of debate among property market circles, with prices soaring dramatically in recent months. Those who like computer games may be familiar with "Bubble Trouble" - a fun game for children. The mission is to pop all the bubbles in order to advance to the next level.
Turkey's economic confidence index decreases by 5.4 percent
Economic confidence index fell by 5.4 percent to 78.66 in June, down from 83.12 in May, with confidence dropping in both the manufacturing and services sectors, according to Economic Confidence Index data released by the Turkish Statistics Institute (TÜ?K) on June 29.