CBRT

Without CBRT intervention, USD/TL could be 27 Instead of 32Without CBRT intervention, USD/TL could be 27 Instead of 32

Without CBRT intervention, USD/TL could be 27 Instead of 32

The Central Bank of Republic of Türkiye (CBRT) which sold foreign currency from its reserves to prevent the US dollar…

12 months ago
Will Turkish economic policies shift post-election?Will Turkish economic policies shift post-election?

Will Turkish economic policies shift post-election?

The March 31 local elections in Türkiye marked the most severe defeat for the incumbent AKP in its 20-year reign.…

1 year ago
Turkish Central Bank raised rates to 50 percent: what is happening?Turkish Central Bank raised rates to 50 percent: what is happening?

Turkish Central Bank raised rates to 50 percent: what is happening?

The Turkish Central Bank’s (CBRT) Monetary Policy Committee (PPK) increased the policy rate by 500 base points from 45 percent…

1 year ago
CBRT governor faces backlash over family interference claimsCBRT governor faces backlash over family interference claims

CBRT governor faces backlash over family interference claims

The Turkish Central Bank Governor Hafize Gaye Erkan is under spotlight over claims about her father interfering with bureaucratic affairs…

1 year ago
The devil lies in the details: The actual policy rate in Türkiye is not 42.5The devil lies in the details: The actual policy rate in Türkiye is not 42.5

The devil lies in the details: The actual policy rate in Türkiye is not 42.5

This article is one of the most challenging ones that I have written for a newspaper or any other media…

1 year ago
Does Turkish CB Governor think Erdoğan needs “Sadık Abi” too?Does Turkish CB Governor think Erdoğan needs “Sadık Abi” too?

Does Turkish CB Governor think Erdoğan needs “Sadık Abi” too?

Perhaps Mr. Mehmet Şimşek, Turkish Minister of Treasury and Finance, will also need one "Sadık Abi." "Abi" means elder brother…

1 year ago
Turkish Central Bank increases policy rate to 35 percentTurkish Central Bank increases policy rate to 35 percent

Turkish Central Bank increases policy rate to 35 percent

The Monetary Policy Committee of the Central Bank of the Republic of Türkiye (CBRT) raised policy interest rate by 500…

2 years ago
Erdoğan failed to persuade Putin, but his economy team convinced TurkStatErdoğan failed to persuade Putin, but his economy team convinced TurkStat

Erdoğan failed to persuade Putin, but his economy team convinced TurkStat

Let's be clear. It was already clear from Foreign Minister Hakan Fidan's contacts with Ukraine and Russia that President Tayyip…

2 years ago
The CBRT’s policy rate increase is positive; will there be more?The CBRT’s policy rate increase is positive; will there be more?

The CBRT’s policy rate increase is positive; will there be more?

The Monetary Policy Committee of the Central Bank of Turkey (CBRT) raised the policy rate from 17.5 percent to 25…

2 years ago
Will Türkiye print larger banknotes again amid inflation?Will Türkiye print larger banknotes again amid inflation?

Will Türkiye print larger banknotes again amid inflation?

Türkiye may print 500 and 1000 Turkish Lira banknotes amid increasing inflation and currency crisis. This time last year, former…

2 years ago