Yetkin Report

  • Türkçe
  • Politics
  • Economy
  • Life
  • Writers
  • Archive
  • Contact
  • 0
YetkinReport
26 October 2023, Thursday / Published in Economy

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 basis points to 35 percent. The Monetary Policy Committee, which convened under the leadership of CBRT Governor Hafize Erkan on October 26, decided to raise the policy rate, the one-week repo auction interest rate, from
BISTCBRTCentral BankCentral Bank of the Republic of TurkeyCommitteeeconomygaye erkaninterest ratepolicy rateTurkish central bankTurkish economyTürkiye
  • 0
Fatih Özatay
23 October 2023, Monday / Published in Economy

Crisis in the Middle East works against the Turkish economy

The chaos in the Middle East prevails as the İsrael-Palestinian conflict has merged into a war once again after Hamas attacked Israel on October 7. Unfortunately, the bombardments and clashes last in its second week with a rising humanitarian cost. This environment, if prolonged, will have negative effects on Türkiye, which had been on the
economyHamasIsraelTurkeyTurkish economyTürkiye
  • 0
Murat Yetkin
05 September 2023, Tuesday / Published in Politics

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 Erdoğan would not be able to convince his Russian counterpart Vladimir Putin to return to the grain deal at the Sochi meeting on September 4. Diplomatic sources considered it a miracle if the issue was
CBRTeconomicsErdoğanfinancegrain dealinflationPutinşimşekSochiTurkeyTurkish economyTürkiye
  • 0
Fatih Özatay
30 August 2023, Wednesday / Published in Economy

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 percent on August 24. “The Committee decided to continue the monetary tightening process to establish the disinflation course as soon as possible, to anchor inflation expectations, and to control the deterioration in pricing behavior,” the
CBRTCentral BankeconomyFatih ÖzatayinflationTurkeyTurkish economyTürkiye
  • 0
Murat Yetkin
24 August 2023, Thursday / Published in Economy

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 Minister of Treasury and Finance, Nurettin Nebati was saying “there is no need for such measure,” when asked if there will be any banknotes with larger denomination. His ministry was obeying the instructions of President
CBRTeconomyErdoğangaye erkaninflationMehmet ŞimşekTurkeyTurkish economyTürkiye
  • 0
Fatih Özatay
10 August 2023, Thursday / Published in Economy

Resurgence of inflation in Türkiye: Turn to rationality or a red light

On August 3, Turkish Statistical Institute (TurkStat) announced a consumer price index increase of 9.5 percent for July, which is a one-month increase. Unfortunately, the annual consumer inflation is 47.8 percent. Moreover, regarding what has been happening in Türkiye since 2021, there is nothing strange about the 9.5 percent monthly uprise in the consumer price
CBRTgaye erkaninflationMehmet ŞimşekTurkeyTurkish economyTürkiye
  • 0
YetkinReport
07 July 2023, Friday / Published in Economy

Turkish people hit by a storm of tax and fee hikes

Turkish President Recep Tayyip Erdoğan has signed a series of presidential decrees that raise the value-added tax (VAT) rate from 18 percent to 20 percent and increase public fees by 50 percent. The decrees, which took effect immediately on July 7 also raise the revenues from betting to 10-15 percent and the Banking and Insurance
inflationMehmet ŞimşektaxTurkeyTurkish economyTürkiyeVAT
  • 0
YetkinReport
05 July 2023, Wednesday / Published in Economy

Turkish disinflation tested by currency pressure: 38 percent

The Turkish Statistical Institute (TurkStat) on July 5 announced a further deceleration in the skyrocketing inflation hike in the country to 38 percent as the Consumer Price Index (CPI) increased 3 percent in June. TurkStat announced on July 5 that the CPI rate increased by 3,92 percent in June and that the annual CPI was
CBRTcurrencydisinflationeconomyinflationTurkeyTurkish economyTurkish liraTürkiye
  • 0
Mehmet Gün
01 July 2023, Saturday / Published in Politics

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 their hopes on Türkiye’s new appointees, Treasury and Finance Minister Mehmet Şimşek and CBRT Governor Hafize Gaye Erkan, as the saviour of country’s economy from its deep-running issues. The reason for this hope was the
CBRTeconomyinflationinterest rateşimşekTurkeyTurkish economyTürkiye
  • 0
Fatih Özatay
27 June 2023, Tuesday / Published in Economy

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 22 that the policy rate would be increased to 15 percent, answering the rising expectations and anxious waiting. Is the “Nass” era over, one asks as the word was used by Turkish President Recep Tayyip
CBRTCentral Bankeconomyinterest ratemonetary policypolicy rateTurkish economyTürkiye
  • 1
  • 2
  • 3
  • Turkish foreign policy in trouble: From Iran to Sweden’s NATO bid29 November 2023
  • Rising new fascism aims to push the lower-class lower23 November 2023
  • Establishing a balanced “Give-and-Take” in energy diplomacy of Türkiye23 November 2023
  • Gaza ceasefire: Egypt and Qatar mediated, Türkiye unmentioned22 November 2023
  • Erdoğan is giving up 50+1 percent: MHP or lifetime presidency?20 November 2023
  • Erdoğan slammed Scholz in Berlin, but what he have gained?18 November 2023
  • Ankara eyes German OK for Eurofighters ahead of Erdoğan’s visit17 November 2023
  • Turkish parliament postponed Sweden’s NATO accession deliberations16 November 2023
  • 27 patients from Gaza transferred to Türkiye for treatment16 November 2023
  • On the verge of another crisis: Erdoğan and Scholz’s duel over Israel16 November 2023
Search the news archive...

Politics

Economy

Life

Writers

Archive

Türkçe

About

Impressum

FAQ

Advertising

Contact

Made with ♥ by tbtcreative.com © 2022 yetkinreport.com All rights reserved.

Yetkin Report     ·      Help     ·      User Agreement     ·      Legal

TOP