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 General HIGHLIGHTS Finance Minister: Türkiye wil not do anything “extraordinary” to curb inflation Cem CetingucPosted on16 February, 2024 Türkiye will not do anything “extraordinary” to curb inflation, Treasury and Finance Minister Mehmet Şimşek … Continue ReadingFinance Minister: Türkiye wil not do anything “extraordinary” to curb inflation
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 General HIGHLIGHTS Politics Turkish minimum wage increases to 8500 TL Cem CetingucPosted on22 December, 2022 President Recep Tayyip Erdoğan announced on Dec. 22 that the minimum wage will be raised by 55 … Continue ReadingTurkish minimum wage increases to 8500 TL
Categories Economy Finance HIGHLIGHTS HYPED Pressure on Erdogan rises: Turkish economy on a free fall Cem CetingucPosted on30 November, 2022 Turkey’s economy fared worse than forecast as it grew at the slowest pace since a … Continue ReadingPressure on Erdogan rises: Turkish economy on a free fall
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 Economy Finance General HIGHLIGHTS HYPED Turkish government plans to cancel debts of 6 million citizens Cem CetingucPosted on26 August, 2022 Debts of some 6 million people, including those to utilities and phone companies, amounting to … Continue ReadingTurkish government plans to cancel debts of 6 million citizens
Categories Economy General HIGHLIGHTS Politics CHP leader pledges to end poverty in Turkey Cem CetingucPosted on3 June, 2022 The main opposition Republican People’s Party (CHP) leader said he would end the “poverty” in Turkey … Continue ReadingCHP leader pledges to end poverty in Turkey
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 Economy General HIGHLIGHTS Markets Central bank intervenes Turkish lira following another sudden crash Güldem AtabayPosted on2 December, 2021 Turkey’s central bank to support the sinking lira, directly intervened the foreign-exchange markets for the … Continue ReadingCentral bank intervenes Turkish lira following another sudden crash
Categories Economy HIGHLIGHTS Turkish Inflation Soars in Blow to Erdogan’s Rate-Cut Hopes Güldem AtabayPosted on5 July, 2021 Turkish inflation accelerated faster than all estimates last month, reducing the likelihood of a summer … Continue ReadingTurkish Inflation Soars in Blow to Erdogan’s Rate-Cut Hopes
Categories Economy HIGHLIGHTS Politics Turkish lira dips to near record low on rate cut, US concerns Güldem AtabayPosted on27 April, 2021 Turkey’s lira has edged lower in early trading, adding to a recent slide and nearing … Continue ReadingTurkish lira dips to near record low on rate cut, US concerns
