Categories Economy HIGHLIGHTS Turkey’s Monetary Tightening Reshapes Consumer Spending and Economic Outlook Cem CetingucPosted on28 February, 2025 The Turkish lira’s volatility has prompted the Central Bank of Turkey (TCMB) to enforce strict … Continue ReadingTurkey’s Monetary Tightening Reshapes Consumer Spending and Economic Outlook
Categories Economy HIGHLIGHTS CBRT Ready to Act Amid Rate Cuts, Says Governor Karahan Cem CetingucPosted on18 February, 2025 Turkish Central Bank Governor Fatih Karahan affirmed that the bank remains “ready to act” against … Continue ReadingCBRT Ready to Act Amid Rate Cuts, Says Governor Karahan
Categories Economy HIGHLIGHTS CBRT Reaffirms Tight Monetary Policy Amid Market Uncertainty Cem CetingucPosted on10 February, 2025 The Central Bank of the Republic of Turkey (CBRT) has reiterated its commitment to a … Continue ReadingCBRT Reaffirms Tight Monetary Policy Amid Market Uncertainty
Categories Economy HIGHLIGHTS Consumer and Business Inflation Expectations Improve in January: CBRT Survey Cem CetingucPosted on28 January, 2025 According to a survey by the Central Bank of Türkiye released on Jan. 28, inflation … Continue ReadingConsumer and Business Inflation Expectations Improve in January: CBRT Survey
Categories Economy HYPED Turkey’s Central Bank Cuts Interest Rate to 45% Cem CetingucPosted on23 January, 202523 January, 2025 The Central Bank of the Republic of Turkey (CBRT) reduced the benchmark weekly repo rate … Continue ReadingTurkey’s Central Bank Cuts Interest Rate to 45%
Categories Economy HIGHLIGHTS Foreign Investors Eye Turkish Stock Market in 2025: İş Yatırım Cem CetingucPosted on20 January, 202520 January, 2025 January’s meetings with international investors have drawn significant foreign interest, suggesting a potential net buying … Continue ReadingForeign Investors Eye Turkish Stock Market in 2025: İş Yatırım
Categories Economy HIGHLIGHTS Turkey Anticipates 250-Basis-Point Interest Rate Cut Amid Improving Inflation Outlook Cem CetingucPosted on17 January, 2025 Turkey’s financial market expects a significant reduction in the Central Bank’s interest rates following a … Continue ReadingTurkey Anticipates 250-Basis-Point Interest Rate Cut Amid Improving Inflation Outlook
Categories Economy Finance HIGHLIGHTS Turkey’s Gold Investments: A Traditional Asset Amid Shifting Economic Trends Cem CetingucPosted on16 January, 202516 January, 2025 Gold Investment Remains a Staple Despite Economic Shifts Gold continues to hold a significant place … Continue ReadingTurkey’s Gold Investments: A Traditional Asset Amid Shifting Economic Trends
Categories Economy HIGHLIGHTS CBRT Prepares for Extended Rate Cuts Amid Economic Challenges Cem CetingucPosted on13 January, 2025 The Central Bank of Turkey is gearing up for a prolonged cycle of interest rate … Continue ReadingCBRT Prepares for Extended Rate Cuts Amid Economic Challenges
Categories Economy HIGHLIGHTS Türkiye records current account surplus for fifth consecutive month Cem CetingucPosted on12 December, 2024 Türkiye’s current account balance recorded another monthly surplus, posting nearly $1.9 billion (TL 66.27 billion) … Continue ReadingTürkiye records current account surplus for fifth consecutive month
Categories Economy HIGHLIGHTS CBRT maintains 50% interest rate for eighth consecutive time Cem CetingucPosted on22 November, 2024 The Central Bank of Turkey kept its interest rate steady at 50 percent in November, … Continue ReadingCBRT maintains 50% interest rate for eighth consecutive time
Categories Economy HIGHLIGHTS Challenges to economic outlook mount despite Simsek’s efforts Cem CetingucPosted on19 August, 202419 August, 2024 The Turkish economy is currently grappling with significant inflation challenges, forcing adjustments from both authorities … Continue ReadingChallenges to economic outlook mount despite Simsek’s efforts
Categories Economy HIGHLIGHTS July survey shows continued improvement in inflation expectations Cem CetingucPosted on22 July, 2024 Inflation expectations for the end of 2024 declined from 43.52 percent in June to 42.95 percent … Continue ReadingJuly survey shows continued improvement in inflation expectations
Categories Economy HIGHLIGHTS Turkey’s budget deficit 23.6 billion dollar in first half Cem CetingucPosted on16 July, 2024 In the first half of 2024, Turkey’s central government budget recorded a deficit of 747.2 … Continue ReadingTurkey’s budget deficit 23.6 billion dollar in first half
Categories Economy HIGHLIGHTS Türkiye’s FX Reserves Turn Positive After Four-Year Decline Cem CetingucPosted on6 June, 2024 The Turkish central bank’s net international reserves, excluding swaps, rose last week into positive territory … Continue ReadingTürkiye’s FX Reserves Turn Positive After Four-Year Decline
Categories Economy HIGHLIGHTS HYPED Medium-term economic program is working: Minister Şimşek Cem CetingucPosted on26 April, 2024 The medium-term economic program is working and yielding the desired results, Finance Minister Mehmet Şimşek has said, vowing to further … Continue ReadingMedium-term economic program is working: Minister Şimşek
Categories Economy HIGHLIGHTS HYPED CBRT holds policy rates steady Cem CetingucPosted on25 April, 2024 As widely expected, Türkiye’s Central Bank has kept its policy rate — the one-week repo auction … Continue ReadingCBRT holds policy rates steady
Categories Economy Finance HIGHLIGHTS Türkiye’s short-term external debt stock declines on January Cem CetingucPosted on18 March, 2024 Türkiye’s short-term external debt stock was recorded at $174.9 billion at the end of January, … Continue ReadingTürkiye’s short-term external debt stock declines on January
Categories Economy General HIGHLIGHTS Politics What will be the fate of Turkish economy as elections approach? Cem CetingucPosted on18 March, 202418 March, 2024 In the run-up to significant local elections this month, Türkiye stands at a critical juncture, … Continue ReadingWhat will be the fate of Turkish economy as elections approach?
Categories Economy General HIGHLIGHTS CBRT tightens monetary policy after rate hikes Cem CetingucPosted on18 March, 2024 Turkey’s central bank is opting for a different monetary tightening method as it grapples with … Continue ReadingCBRT tightens monetary policy after rate hikes
