Turkiye central bank net reserves rose $10bn last week, bankers say ANKARA: The Turkiye Central Bank’s net reserves rose by $10 billion last week as it continues accumulate foreign... Published 14 May, 2024 12:31pm
Business & Finance Turkiye hikes rates to 45%, says done tightening policy ISTANBUL: Turkiye’s central bank completed its aggressive tightening cycle with a 250 basis-point interest rate hike... Published 25 Jan, 2024 05:54pm
Business & Finance Turkiye central bank net reserves drop some $6bn last week ISTANBUL: The Turkiye Central Bank’s net reserves slid around $6 billion last week to $23.5 billion, four bankers’... Published 23 Jan, 2024 12:32pm
Business & Finance Turkiye central bank ready to take action if needed ANKARA: Turkiye central bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is... Published 15 Jan, 2024 10:14am
Business & Finance Turkiye central bank hikes rate by 500bps, to complete tightening soon ISTANBUL: Turkiye’s central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on... Updated 23 Nov, 2023 05:34pm
Business & Finance Turkiye central bank unveils steps simplifying macroprudential framework ISTANBUL: The Turkiye Central Bank said on Friday it was taking fresh steps to simplify the macroprudential... Published 27 Oct, 2023 10:05am
Business & Finance Turkiye central bank remains hawkish with rate hike to 30% ISTANBUL: Turkiye’s central bank raised its key interest rate by a lofty 500 basis points to 30% on Thursday as... Published 21 Sep, 2023 05:09pm
Markets Turkiye expected to hike interest rate to 20-year high ISTANBUL: Turkiye’s central bank was expected Thursday to dramatically raise its key interest rate for the second... Published 21 Sep, 2023 11:20am
Business & Finance Turkiye raises rate by 250 bp to 17.5%, below expectations ISTANBUL: Turkiye’s central bank hiked its policy rate by 250 basis points to 17.5% on Thursday, continuing to... Published 20 Jul, 2023 05:04pm
World Turkey delivers big rate hike to 15pc but U-turn still underwhelms ISTANBUL: Turkey’s central bank hiked its key rate by 650 basis points to 15 percent on Thursday and said it would... Published 23 Jun, 2023 06:00am
Markets Erdogan names Erkan to head Turkiye central bank, policy pivot expected ISTANBUL: President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States,... Published 09 Jun, 2023 01:32pm
Business & Finance Turkiye’s central bank hold rate at 8.5% ahead of elections ISTANBUL: Turkiye’s central bank kept its policy rate at 8.5% on Thursday as expected, stressing the importance of... Published 27 Apr, 2023 05:35pm
Markets Turkiye central bank takes fresh measures to support de-dollarisation ISTANBUL: The Turkish central bank took fresh steps on Friday in line with its goals to boost de-dollarisation and... Updated 07 Apr, 2023 02:35pm
Business & Finance Turkiye inflation seen falling to 51.3% in March ISTANBUL: Turkiye annual inflation should slow to 51.3% in March even as prices continue to rise on a monthly basis,... Published 03 Apr, 2023 12:34pm