Categories Company & Industry Economy HIGHLIGHTS Turkey will increase gold production to reduce import dependency: Erdogan Cem CetingucPosted on1 February, 2023 Turkey plans to keep increasing its gold production so it can rely less on imports, … Continue ReadingTurkey will increase gold production to reduce import dependency: Erdogan
Categories Economy Finance General HIGHLIGHTS HYPED HSBC: CBRT sold 107 billion dollars in 9 months Cem CetingucPosted on10 October, 202210 October, 2022 According to HSBC Portfolio’s calculations, it is estimated that the Central Bank’s reserves for exchange … Continue ReadingHSBC: CBRT sold 107 billion dollars in 9 months
Categories Economy General HIGHLIGHTS Politics CBRT to meet this week for policy rate Cem CetingucPosted on23 May, 2022 Policymakers at Turkey’s Central Bank are set to meet later this week to decide on the key interest rate. … Continue ReadingCBRT to meet this week for policy rate
Categories Business Economy HIGHLIGHTS Apparel exports boom while retailers fight for survival amid Turkey’s economic crisis Cem CetingucPosted on9 December, 2021 The country’s currency, the lira, has lost almost half its value against the dollar so … Continue ReadingApparel exports boom while retailers fight for survival amid Turkey’s economic crisis
Categories General Macro Focus | CBRT: Expected cut with delayed announcement Cem CetingucPosted on22 November, 2021 CBRT cut the policy rate by 100bps to 15%, as expected. The announcement was made with … Continue ReadingMacro Focus | CBRT: Expected cut with delayed announcement
Categories Economy CBRT’s latest rate cut increases risks on inflation Cem CetingucPosted on24 September, 2021 In a rather surprising move, the CBRT cut its 1-week repo rate 100bp to 18.00%. … Continue ReadingCBRT’s latest rate cut increases risks on inflation
Categories General Erdogan declares war against Bitcoin Cem CetingucPosted on21 September, 202121 September, 2021 Recep Erdogan – the firebrand Turkish president – has declared war on Bitcoin. In the … Continue ReadingErdogan declares war against Bitcoin
