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 Turkey returns $5bn deposit to Riyadh as economic reforms yield results Cem CetingucPosted on29 July, 2024 Yesterday the Central Bank of Turkey confirmed that it had returned a $5 billion deposit … Continue ReadingTurkey returns $5bn deposit to Riyadh as economic reforms yield results
Categories Finance HIGHLIGHTS Markets Cyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage Atilla YeşiladaPosted on14 March, 2024 Turkish financial markets ended yesterday with an unpleasant tone. At first you may think that … Continue ReadingCyprus Economy Bank: FX turbulence stopped by CBRT measures; stock market collateral damage
Categories Finance HIGHLIGHTS HSBC analysis: New CBRT governor, same policy guidance Atilla YeşiladaPosted on9 February, 2024 The CBRT published its new inflation report yesterday and made no changes to its end-2024, … Continue ReadingHSBC analysis: New CBRT governor, same policy guidance
Categories Economy Finance HYPED BBVA Türkiye analysis: The CBRT sticks to its interim inflation targets Atilla YeşiladaPosted on9 February, 20249 February, 2024 In the first inflation report of the year, the Central Bank (CBRT) maintained its interim … Continue ReadingBBVA Türkiye analysis: The CBRT sticks to its interim inflation targets
Categories Finance General HIGHLIGHTS Central Bank governor Erkan: Monetary policy is working, determined to combat inflation Atilla YeşiladaPosted on16 November, 2023 The Central Bank of the Republic of Turkey (TCBM) published the last Financial Stability Report … Continue ReadingCentral Bank governor Erkan: Monetary policy is working, determined to combat inflation
Categories Atilla Yeşilada Finance HIGHLIGHTS ANALSIS: CBRT’s 500 basis point rate hike signals a brand new monetary regime Atilla YeşiladaPosted on21 September, 202321 September, 2023 This is a quick analysis by Atilla Yesilada about the importance of Central Bank’s (CBRT) … Continue ReadingANALSIS: CBRT’s 500 basis point rate hike signals a brand new monetary regime
Categories Finance HIGHLIGHTS Central Bank of Turkey takes another step towards ending financial restrictions Atilla YeşiladaPosted on20 August, 2023 Turkey’s central bank (CBRT) began rolling back on Sunday a growing and costly scheme that … Continue ReadingCentral Bank of Turkey takes another step towards ending financial restrictions
Categories Economy Finance HIGHLIGHTS Investment bank projects rising Central Bank reserves Atilla YeşiladaPosted on14 August, 202314 August, 2023 Barclays, one of the leading investment banks in England, projected in its emerging markets research … Continue ReadingInvestment bank projects rising Central Bank reserves
Categories Finance HIGHLIGHTS Tim Ash: Erkan clears out and cleans up the CBRT Atilla YeşiladaPosted on28 July, 2023 I will take my lead from a U.S. investment bank report this morning on recent … Continue ReadingTim Ash: Erkan clears out and cleans up the CBRT
Categories Finance HIGHLIGHTS ANALYSIS: Turkish rate hikes: How fast, how high? Atilla YeşiladaPosted on18 June, 2023 Turkey’s first female Central Bank (CBRT) governor Gaye Erkan is certain to engineer the first … Continue ReadingANALYSIS: Turkish rate hikes: How fast, how high?
Categories Economy General HIGHLIGHTS HYPED Nebati: Turkey’s inflation reached its highest level Cem CetingucPosted on29 November, 2022 Inflation has peaked and will start declining, Treasury and Finance Minister Nureddin Nebati has said. “Inflation has reached … Continue ReadingNebati: Turkey’s inflation reached its highest level
Categories Business Finance HIGHLIGHTS Turkish Central Bank’s high-wire act to control the exchange rate Atilla YeşiladaPosted on12 November, 2022 (Reuters) – Turkey’s central bank has put the finishing touches to a reserve-management system that … Continue ReadingTurkish Central Bank’s high-wire act to control the exchange rate
Categories Business Finance HIGHLIGHTS Central Bank and commercial lenders involved in a stare-down Atilla YeşiladaPosted on8 November, 2022 The Turkish Central Bank is telling top bank executives in ongoing talks that it will … Continue ReadingCentral Bank and commercial lenders involved in a stare-down
Categories Finance HIGHLIGHTS Natasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80% Atilla YeşiladaPosted on18 August, 2022 Turkey’s central bank shocked markets Thursday with a cut to its benchmark policy rate, despite … Continue ReadingNatasha Turak/CNBC-E: Turkey shocks markets with rate cut despite inflation near 80%
Categories Economy Finance HIGHLIGHTS JP Morgan: Turkey: the CBRT shows no intention of tightening its policy Atilla YeşiladaPosted on24 June, 2022 Despite stronger price pressures and tighter global liquidity, the CBRT, once again, kept rates unchanged … Continue ReadingJP Morgan: Turkey: the CBRT shows no intention of tightening its policy
Categories Finance HIGHLIGHTS Markets Turkey swiftly moving to currency controls Atilla YeşiladaPosted on23 April, 2022 According to Bloomberg and its own website, Turkey’s central bank revised some reserve requirement rules … Continue ReadingTurkey swiftly moving to currency controls
Categories Finance HIGHLIGHTS Central Bank of Turkey chasing pipe dreams Atilla YeşiladaPosted on31 December, 2021 Turkey’s central bank will monitor risks related to the foreign exchange market and do what … Continue ReadingCentral Bank of Turkey chasing pipe dreams
Categories Business Finance Central Bank Financial Stability Report: Turkish banking sector can manage funding, liquidity risks Atilla YeşiladaPosted on26 November, 2021 Turkey’s banking sector has adequate buffers to manage funding and liquidity risks, the Central Bank … Continue ReadingCentral Bank Financial Stability Report: Turkish banking sector can manage funding, liquidity risks
Categories Economy Finance HIGHLIGHTS ANALYSIS: Cutting interest rates further would be too risky Atilla YeşiladaPosted on17 November, 2021 Turkey’s central bank is widely anticipated to trim interest rates further on November 18 despite … Continue ReadingANALYSIS: Cutting interest rates further would be too risky