Categories Finance HIGHLIGHTS ANALYSIS: Central Bank keeps door open to further rate hikes Atilla YeşiladaPosted on24 May, 2024 The CBRT maintains policy rate at 50%. In its May MPC meeting, the CBRT kept … Continue ReadingANALYSIS: Central Bank keeps door open to further rate hikes
Categories Finance HIGHLIGHTS Markets Turkey attracts $1.5B in foreign direct investment in Q1 Cem CetingucPosted on14 May, 202414 May, 2024 Foreign direct investment (FDI) flows to Türkiye stood at $1.5 billion (TL 48 billion) in … Continue ReadingTurkey attracts $1.5B in foreign direct investment in Q1
Categories Economy HIGHLIGHTS Personal credit card spending in Turkey rises by 147 percent Cem CetingucPosted on28 February, 202429 February, 2024 Personal Turkish lira-denominated credit card spending rose by 147.2 percent as of Feb.1 16 compared … Continue ReadingPersonal credit card spending in Turkey rises by 147 percent
Categories Atilla Yeşilada General HIGHLIGHTS Video Analysis: Central Bank chief Gaye Erkan under fire! (Is monetary tightening over?) Atilla YeşiladaPosted on30 January, 2024 •Turkish Central Bank raised its policy rate to 45%, signaling monetary tightening is over—for … Continue ReadingVideo Analysis: Central Bank chief Gaye Erkan under fire! (Is monetary tightening over?)
Categories General HIGHLIGHTS Rumor mill: Gaye Erkan to resign, or be sacked by Erdogan Atilla YeşiladaPosted on19 January, 2024 Hafize Gaye Erkan, the governor of the Turkish Central Bank (TCMB), is involved in a … Continue ReadingRumor mill: Gaye Erkan to resign, or be sacked by Erdogan
Categories Finance HIGHLIGHTS Tech Erdogan picks crypto professor for central bank board Atilla YeşiladaPosted on24 December, 2023 President Erdoğan has appointed professor (Ms) Fatma Ozkul, an expert in crypto assets and blockchain … Continue ReadingErdogan picks crypto professor for central bank board
Categories Finance HIGHLIGHTS Central Bank hikes rates by another 250 points. What did experts say? Atilla YeşiladaPosted on22 December, 2023 Central Bank (CBRT) governor Gaye Erkan and Co. delivered as widely expected by surveys, raising … Continue ReadingCentral Bank hikes rates by another 250 points. What did experts say?
Categories Finance HIGHLIGHTS Gedik Investment: CBRT hikes the policy rate by 500 bps to 35% Atilla YeşiladaPosted on27 October, 2023 The CBRT increased the policy rate by 500 bps to 35% The CBRT, in … Continue ReadingGedik Investment: CBRT hikes the policy rate by 500 bps to 35%
Categories General HYPED Rumor: Objection to Mehmet Simsek’s CB appointments from the Palace Atilla YeşiladaPosted on18 June, 2023 If Turkish media is to believed, Mehmet Simsek is experiencing trouble staffing key positions. A … Continue ReadingRumor: Objection to Mehmet Simsek’s CB appointments from the Palace