Tag: Central Bank

The decision comes in line with market expectations.

Turkey's president underscored: "As long as I am in this position, I will continue my fight."

Highest annual rise recorded 27.41% in food and non-alcoholic beverages, according to TurkStat.

Annual inflation projected to hit 18.4% this year, 11.8% next year, 7% in 2023.

Three banks cut interest rates by 200 basis points.

Policy rate, also known as 1-week repo rate, down to 16% from 18%, well above market forecast.

Deputy governors Semih Tümen and Uğur Namık Küçük dismissed.

Monthly inflation also climbed 1.25% in the same month.

Monetary Policy Committee decides to revise bank's monetary policy stance.

Bank, technology stakeholders establish Digital Turkish Lira Collaboration Platform.