interest rate

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

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…

2 years ago
CBRT ups policy rate to 15 percent but no “rational ground” yetCBRT ups policy rate to 15 percent but no “rational ground” yet

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…

2 years ago
Turkish Central Bank raises interest rate to 15Turkish Central Bank raises interest rate to 15

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…

2 years ago
Erdoğan: interest rates may go up but my policy remains sameErdoğan: interest rates may go up but my policy remains same

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…

2 years ago
CBRT’s policy rate cut: Pointless move that brings no economic gainCBRT’s policy rate cut: Pointless move that brings no economic gain

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…

3 years ago
CBRT lowered policy rate further to 13 percent amid surging inflationCBRT lowered policy rate further to 13 percent amid surging inflation

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…

3 years ago
Turkey’s opposition vows to ensure Central Bank independenceTurkey’s opposition vows to ensure Central Bank independence

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…

3 years ago