Turkish currency and debt crisis

Inflation expectations rise in July

The end-year inflation expectations in Türkiye increased from 64.59 percent in June to 69.94 in July, according to the Central Bank's Survey of Market Participants.

Consumer prices are expected to increase by 3.4 percent on a monthly basis in June, while the monthly inflation rate is forecast to ease to 2.88 percent in August, the survey, which was released on July 8, also showed.

Turkish banking watchdog announces details of commercial loans decision

Türkiye's banking watchdog has announced the details of commercial loans decision revealed on June 24, while emphasizing that the decision is a measure taken to strengthen financial stability, use resources more efficiently and productively, and ensure that the credit system works effectively.

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