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Former Central Bank Chief Economist Hakan Kara and Economist Mustafa Sönmez shared opinions about most recent interest rate increase decision

Economy in Turkey: After interest rate increase by TCMB, US dollar breaks new record with 25 TL

The Central Bank raised its policy rate from 8.5 percent to 15 percent on June 22nd 2023. The decline in

In his first statement after the Central Bank raised the policy rate to 15 percent, Treasury and Finance Minister Mehmet

Credit card and overdraft account (KMH) interest rates will increase in parallel with the Central Bank’s policy rate increase. The

There were interesting developments in the currency after the Central Bank’s interest rate decision. After the Central Bank’s interest rate

At his meeting with young officers at the Kremlin Palace Russian leader Putin said “Our most important task is the

According to European Union (EU) sources, more than 26 thousand Turkish citizens have applied for asylum in European countries since

Justice Minister Yilmaz Tunc made a statement saying “We are working on the 25 percent rent increase arrangement and the

Mehmet SIMSEK, who held senior positions such as the Ministry of Finance and Deputy Prime Minister in AKP governments for

According to the Central Bank data, the interest rate applied to TL deposit accounts with a maturity of up to

With the election uncertainty gone, the markets have focused on the new economic management and the policies to be followed.