interest rate

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…

1 year ago

Erdoğan’s economic beliefs and powers to be national security issue

The business world, even those provide a life-long support to Recep Tayyip Erdoğan though crushed by the surging inflation pinned…

1 year ago

CBRT ups policy rate to 15 percent but no “rational ground” yet

After 27 months of stagnant rates, the Monetary Policy Committee of the Turkish Central Bank (CBRT) finally announced on June…

1 year ago

Turkish Central Bank raises interest rate to 15

The Central Bank of the Republic of Turkey (CBRT) raised the policy rate to 15 percent on June 22 after…

1 year ago

Erdoğan: interest rates may go up but my policy remains same

Turkish President Recep Tayyip Erdoğan said that the appointment of Mehmet Şimşek as Treasury Minister should not be contemplated as…

1 year ago

CBRT’s policy rate cut: Pointless move that brings no economic gain

The Central Bank of the Republic of Turkey (CBRT) Monetary Policy Committee (PPK) convened on August 18 and lowered the…

2 years ago

CBRT lowered policy rate further to 13 percent amid surging inflation

The Central Bank of the Turkish Republic (CBRT) lowered the policy rate from 14 percent to 13 percent amid surging…

2 years ago

Turkey’s opposition vows to ensure Central Bank independence

Turkey’s opposition block formed by the six opposition parties vowed to ensure independent monetary management in the event that they…

2 years ago