Categories Finance Central Bank increases swap borrowing, FX reserves drop further Atilla YeşiladaPosted on29 May, 202030 May, 2020 Cover chart: FX deposits in banks vs dollar/TL According to latest data, the FX reserves … Continue ReadingCentral Bank increases swap borrowing, FX reserves drop further
Categories Economy FT: Turkey looks to weather coronavirus crisis without IMF support Atilla YeşiladaPosted on27 May, 202029 May, 2020 Turkey’s battered finances have been shaken further by the coronavirus pandemic but President Recep Tayyip … Continue ReadingFT: Turkey looks to weather coronavirus crisis without IMF support
Categories Economy Stratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster Atilla YeşiladaPosted on26 May, 202029 May, 2020 Amid the escalating domestic and global fallout from the COVID-19 crisis, Turkish President Recep Tayyip … Continue ReadingStratfor: Why Turkey’s Ruling AKP Party’s Coronavirus Plan Could Be a Disaster
Categories Economy Is Turkey’s monetary easing over? Atilla YeşiladaPosted on25 May, 202029 May, 2020 Central Bank of Turkey delivered its ninth successive rate cut last week, reducing its key … Continue ReadingIs Turkey’s monetary easing over?
Categories Economy Turkish unemployment flat in February, but set to rise Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s official stats agency Turkstat reported on Monday that “the number of unemployed persons aged … Continue ReadingTurkish unemployment flat in February, but set to rise
Categories Economy Covid-19 takes its toll on public budget Editor P.A.Posted on4 May, 202021 May, 2020 The central government budget posted a TRY43.7bn deficit in March, compared to the TRY24.5bn deficit … Continue ReadingCovid-19 takes its toll on public budget