Categories Economy Finance HIGHLIGHTS Markets Turkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts Güldem AtabayPosted on19 September, 2024 Turkey’s central bank, the CBRT, kept its policy rate unchanged at its Monetary Policy Committee … Continue ReadingTurkey’s central bank holds rates steady, opting for a cautious wait-and-see approach ahead of rate cuts
Categories Economy Finance General HIGHLIGHTS Frequent changes in inflation targets undermine the credibility of Turkey’s monetary policy Güldem AtabayPosted on17 September, 2024 In the 13th issue of the Monetary Policy Assessment Note, which is published regularly by … Continue ReadingFrequent changes in inflation targets undermine the credibility of Turkey’s monetary policy
Categories Finance HIGHLIGHTS Turkish Wealth Fund planning debut Islamic bond sale Güldem AtabayPosted on13 September, 2024 Turkey’s Sovereign Wealth Fund (TWF) is reportedly exploring the possibility of launching its first sukuk … Continue ReadingTurkish Wealth Fund planning debut Islamic bond sale
Categories Finance HIGHLIGHTS AllianceBernstein: Turkish Debt and Lira Face Bumpy Road Güldem AtabayPosted on5 September, 20245 September, 2024 Christian DiClementi, director of emerging-market debt at AllianceBernstein Holding LP, predicts that Turkish lira bonds … Continue ReadingAllianceBernstein: Turkish Debt and Lira Face Bumpy Road
Categories Finance HIGHLIGHTS Türkiye: Banking Sector Outlook, 2Q 2024 Cem CetingucPosted on2 September, 2024 The slowdown in credit growth started to become more pronounced towards the end of 2Q24 … Continue ReadingTürkiye: Banking Sector Outlook, 2Q 2024
Categories Finance HIGHLIGHTS Another step from the CBRT to support TL Güldem AtabayPosted on29 August, 2024 To support the monetary transmission mechanism, the Central Bank of the Republic of Türkiye introduces … Continue ReadingAnother step from the CBRT to support TL
Categories Economy Finance HIGHLIGHTS According to the Central Bank, there are two main reasons for the increase in foreign currency accounts Güldem AtabayPosted on22 August, 2024 According to the analysis published on the Central Bank’s blog page, the increase in FX … Continue ReadingAccording to the Central Bank, there are two main reasons for the increase in foreign currency accounts
Categories Finance HYPED Weekly banking data: CB reserves decline, FX deposits increase, foreign investors sell TL assets Atilla YeşiladaPosted on18 August, 2024 In the week of August 9, the USD4.6 billion decrease in the CBRT’s net FX … Continue ReadingWeekly banking data: CB reserves decline, FX deposits increase, foreign investors sell TL assets
Categories Finance HIGHLIGHTS Markets Commentary: Economic slow-down is undermining the stock market Atilla YeşiladaPosted on12 August, 2024 The great volatility experienced in the first two days of the past week gave way … Continue ReadingCommentary: Economic slow-down is undermining the stock market
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Real Turkey SPECIAL video: Is the world hurtling towards a financial crisis? Atilla YeşiladaPosted on7 August, 20248 August, 2024 Financial markets experienced two panic attacks in the course of a fortnight, which seemed … Continue ReadingReal Turkey SPECIAL video: Is the world hurtling towards a financial crisis?
Categories Atilla Yeşilada Finance HIGHLIGHTS Atilla Yesilada COMMENTARY: Giant EM funds sing Turkey’s praise Atilla YeşiladaPosted on5 August, 2024 The world is in the midst of its first contagious financial panic since the early … Continue ReadingAtilla Yesilada COMMENTARY: Giant EM funds sing Turkey’s praise
Categories Company & Industry Finance HIGHLIGHTS Fitch: Good news, bad news about Turkish banks Atilla YeşiladaPosted on31 July, 2024 The operating environment for Turkish banks has improved in recent months, due to more orthodox … Continue ReadingFitch: Good news, bad news about Turkish banks
Categories Finance HIGHLIGHTS World Bank increases support to Türkiye with 3.7 billion dollars Cem CetingucPosted on30 July, 2024 With the approved loan of $600 million, the amount of financing provided by the World Bank for Türkiye in … Continue ReadingWorld Bank increases support to Türkiye with 3.7 billion dollars
Categories Finance HIGHLIGHTS Türkiye targets 1.5 percent share in global FDI flows by 2028 Cem CetingucPosted on29 July, 202429 July, 2024 Türkiye revealed its foreign direct investment (FDI) strategy for the 2024-2028 period to outline the general … Continue ReadingTürkiye targets 1.5 percent share in global FDI flows by 2028
Categories Finance General HIGHLIGHTS CBRT governor Akcay: Too early to talk rate cuts Atilla YeşiladaPosted on26 July, 202426 July, 2024 Cevdet Akçay, Deputy Governor of the Central Bank of the Republic of Turkey (CBRT) gave … Continue ReadingCBRT governor Akcay: Too early to talk rate cuts
Categories Economy Finance General HIGHLIGHTS Moody’s raised Turkey’s credit rating for the first time in over a decade Güldem AtabayPosted on19 July, 2024 Moody’s said Friday that it has upgraded Turkey’s credit rating by two notches on improved … Continue ReadingMoody’s raised Turkey’s credit rating for the first time in over a decade
Categories Atilla Yeşilada Emerging Markets Finance HIGHLIGHTS Video commentary: Turkey is becoming the darling of Emerging Markets Atilla YeşiladaPosted on15 July, 2024 Long considered “univestable” because of Erdogan’s silly economic policies, Turkey suddenly began attracting interest and … Continue ReadingVideo commentary: Turkey is becoming the darling of Emerging Markets
Categories Finance HIGHLIGHTS CBT governor Karahan interviewed by Bloomberg, sounds hawkish Atilla YeşiladaPosted on12 July, 2024 Turkey’s Central Bank Governor Fatih Karahan sat down for an interview with Bloomberg in Istanbul … Continue ReadingCBT governor Karahan interviewed by Bloomberg, sounds hawkish
Categories Finance HIGHLIGHTS New surveys by Central Bank reveal outrageously high inflation expectations among households Atilla YeşiladaPosted on29 June, 2024 A new blog penned by Central Bank of Turkey (CBRT) research staff reveals divergent inflation … Continue ReadingNew surveys by Central Bank reveal outrageously high inflation expectations among households
Categories Finance HYPED ING Research: The Central Bank of Turkey’s June meeting brings no surprises Atilla YeşiladaPosted on27 June, 2024 The Central Bank of Turkey (CBT) has kept its policy rate unchanged at 50%, in … Continue ReadingING Research: The Central Bank of Turkey’s June meeting brings no surprises