Tag archive for ‘Central Bank’
US$/TL rate goes down after covered interest rate decision from Central Bank
By Editor On Tuesday, November 21st, 2017
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“Exchange rates rise with expectation interest rates will not increase in Turkey”: Experts

Experts in Turkey’s finance sector say that the main factor in the rise of US Dollar against Turkish Lira is the expectation that Turkey’s Central Bank will raise interest rates. They also comment “The More...

How will the new tool to be implemented by CBRT for the exchange rate risk work?
By Editor On Monday, November 13th, 2017
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How will the new tool to be implemented by CBRT for the exchange rate risk work?

MURAT ÇETİNKAYA – TURKEY’S CENTRAL BANK GOVERNOR The CBRT (Central Bank of Republic of Turkey) will implement a new product to manage the risk of the real sector in the future.  Forward foreign exchange More...

Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017
By Editor On Monday, November 13th, 2017
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Consumer prices go up by 0.65 % and annual inflation climbs to 11.20 percent in Sept 2017

As reported by CBT (Central Bank of Turkey) annual inflation is above 10 percent currently which is something the administration would not be very happy about. In fact, it is also stated by the bank that current More...

CBT_ERDEM_BASCI
By Editor On Wednesday, January 27th, 2016
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Turkish Central Bank increases inflation forecast rate to 7.5 for 2016

Mr. Erdem Başçı (Central Bank Governor) announced yesterday that the bank had decided to to increase inflation forecast rate for 2016 from 6.5 to 7.5 percent. This way  Central Bank didn’t revise target at More...

By admin On Saturday, November 1st, 2014
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Central Bank Governor forecasts 2015 inflation to be 6,1 percent

As Turkey goes through serious political difficulties at its borders with Syria and Iraq and the economy is not comfortable, Turkey’s Central Bank has raised inflation forecasts for this year  and next, citing More...

CENTRAL BANK TURKEY
By admin On Thursday, September 11th, 2014
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Başçı: Turkey’s high inflation will start falling when high food prices stabilise

Central Bank of Turkey (CBOT) Governor Erdem Basci said, country’s high inflation would start falling when high food prices stabilise, fuelled by drought, which affected agricultural crop negatively. Basci More...

By admin On Monday, October 22nd, 2012
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Report: Economic Indicators of Turkey – October 2012

Down below are the economic indicators of Turkey, reported as of October 2012. This data is compiled from various sources such as reputable banks – and originally from figures announced by TURKSTAT (Turkish More...

Important data regarding economy and financial markets to be released this week
By admin On Tuesday, September 11th, 2012
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Turkey: Economy grows slower than expected in 2nd quarter

Turkey’s economy grew slower than expected in the second quarter and a deeper slowdown is expected during the rest of the year as domestic demand weakens, raising pressure on the central bank to cut borrowing More...

By admin On Saturday, September 8th, 2012
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Report: Brief Look at Turkish Economy – August 2012

We believe the data below would be useful to provide a brief opinion for those who would like to have a quick look at what has been happening in the Turkish economy, recently. Further details can be obtained from More...

By admin On Sunday, July 29th, 2012
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Central Bank of Turkey forecasts 6.2 percent year-end inflation

Central Bank Gov Erdem Başçı says that consumer inflation may take a downward path after it rose in June. The bank forecasts 6.2 percent year-end inflation. AA photoThe Turkish Central Bank has revised down its More...

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