Categories Finance HIGHLIGHTS Morgan Stanley: Turkey rate cuts knocking on the door Atilla YeşiladaPosted on23 November, 2024 A softer tone and implicit real rates guidance signal that the CBT is getting ready … Continue ReadingMorgan Stanley: Turkey rate cuts knocking on the door
Categories Finance HIGHLIGHTS Turkey’s Central Bank Gross Reserves Reach $160 Billion:Yilmaz Cem CetingucPosted on12 November, 202412 November, 2024 Turkish Vice President Cevdet Yilmaz announced that the Central Bank of the Republic of Türkiye (CBRT) has raised its … Continue ReadingTurkey’s Central Bank Gross Reserves Reach $160 Billion:Yilmaz
Categories General HIGHLIGHTS August Economic Update: Capacity utilization drops, Business sentiment worsens Cem CetingucPosted on26 August, 2024 Data from the Central Bank have shown that the capacity utilization rate (CUR) in the key manufacturing … Continue ReadingAugust Economic Update: Capacity utilization drops, Business sentiment worsens
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 HIGHLIGHTS CBRT to decleare $25 bln Loss for 2023 Cem CetingucPosted on17 April, 202417 April, 2024 Türkiye’s central bank posted a 2023 loss of 818.2 billion lira ($25.25 billion), showed its … Continue ReadingCBRT to decleare $25 bln Loss for 2023
Categories Economy General HIGHLIGHTS Title corrected: Simsek promises fiscal rectitude to help CB lower inflation Cem CetingucPosted on12 March, 202412 March, 2024 Türkiye’s finance minister Mehmet Simsek announced on Monday the government’s determination to tighten fiscal policies to support … Continue ReadingTitle corrected: Simsek promises fiscal rectitude to help CB lower inflation
Categories Economy Finance HIGHLIGHTS FX market volatility is provisional: Minister Şimşek Cem CetingucPosted on11 March, 2024 The recent volatility in the FX market should be viewed as temporary, Treasury and Finance Minister Mehmet Şimşek has … Continue ReadingFX market volatility is provisional: Minister Şimşek
Categories Economy HIGHLIGHTS New Central Bank Governor pledges to continue tight monetary stance Cem CetingucPosted on8 February, 2024 New Central Bank Governor Fatih Karahan has said that the bank will maintain its tight monetary stance until … Continue ReadingNew Central Bank Governor pledges to continue tight monetary stance
Categories Economy Finance HIGHLIGHTS JP Morgan: CBRT likely more hawkish under new leadership Atilla YeşiladaPosted on4 February, 2024 President Erdogan appointed hawkish Deputy Governor Fatih Karahan as CBRT Governor, replacing Hafize Gaye Erkan. … Continue ReadingJP Morgan: CBRT likely more hawkish under new leadership
Categories Economy Finance HIGHLIGHTS COMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines Atilla YeşiladaPosted on29 December, 2023 Central Bank of Turkey announced its 2024 monetary and currency policy guidlienes on 29th of … Continue ReadingCOMMENTARIES: Central Bank issues 2024 monetary and currency policy guidelines
Categories Finance HIGHLIGHTS Morgan Stanley CBT Preview: Keeping Pace Atilla YeşiladaPosted on23 October, 2023 We expect another 500bp hike (to 35%) on October 26 in view of upside risks … Continue ReadingMorgan Stanley CBT Preview: Keeping Pace
Categories Economy HIGHLIGHTS Central Bank governor Gaye Erkan highlights confidence in Türkiye’s inflation fight Atilla YeşiladaPosted on24 June, 2023 Turkey’s newly-appointed central bank Governor Hafize Gaye Erkan said there is confidence in the government’s … Continue ReadingCentral Bank governor Gaye Erkan highlights confidence in Türkiye’s inflation fight
Categories Finance General HIGHLIGHTS Turkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD Cem CetingucPosted on14 April, 2023 Central banks’ interest rates hikes will cost developing countries more than $800 billion in ‘foregone … Continue ReadingTurkey’s 2023 Growth Forecast Revised Up to 2.6% by UNCTAD
Categories Economy HIGHLIGHTS CBRT eases TL-saving rules even more Cem CetingucPosted on5 April, 2023 In a bid to promote and protect savings, the Turkish central bank has allowed banks … Continue ReadingCBRT eases TL-saving rules even more
Categories General HIGHLIGHTS CBRT’s medium-term inflation target stays the same Cem CetingucPosted on2 January, 2023 The Central Bank has said that under the inflation targeting regime, the medium-term inflation target of 5 … Continue ReadingCBRT’s medium-term inflation target stays the same
Categories Finance HYPED Markets CNBC: Turkey’s lira hits a new record low against the dollar as investors brace for another rate cut Atilla YeşiladaPosted on22 September, 2022 NOTICE: As we prepared this article for publication, Central Bank slashed interest rates by another … Continue ReadingCNBC: Turkey’s lira hits a new record low against the dollar as investors brace for another rate cut
Categories Finance HIGHLIGHTS Economist Mustafa Sonmez: How Central Bank of Turkey found $17.5 bn in two weeks? Atilla YeşiladaPosted on20 August, 2022 How did Central Bank gain $17.5 bn in FX reserves? Mystery solved … Read More >Economist Mustafa Sonmez: How Central Bank of Turkey found $17.5 bn in two weeks?
Categories Economy Finance HIGHLIGHTS JP Morgan on Turkey: Nothing much to note in the MPC decision Atilla YeşiladaPosted on23 July, 2022 As universally expected, the CBRT kept its key policy rate unchanged at 14.0% and did … Continue ReadingJP Morgan on Turkey: Nothing much to note in the MPC decision
Categories Finance HIGHLIGHTS JP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures Atilla YeşiladaPosted on26 May, 2022 As widely expected, the CBRT left its key policy rate unchanged at 14.0%. Also, as … Continue ReadingJP Morgan on Central Bank of Turkey: CBRT remains on hold, signals new macroprudential measures
Categories Finance HIGHLIGHTS Markets Morgan Stanley: CBT Preview: Something’s Gotta Give Atilla YeşiladaPosted on26 May, 2022 We expect the CBT to stay on hold on May 26, but the need for … Continue ReadingMorgan Stanley: CBT Preview: Something’s Gotta Give
