Turkey’s Central Bank lowers interest rate by 100 points
The decision comes in line with market expectations.
Tag: Central Bank
Erdoğan vows to end scourge of interest, inflation
Turkey's president underscored: "As long as I am in this position, I will continue my fight."
Turkey’s annual inflation rate at 19.89% in October
Highest annual rise recorded 27.41% in food and non-alcoholic beverages, according to TurkStat.
Turkish Central Bank hikes year-end inflation forecast for next 3 years
Annual inflation projected to hit 18.4% this year, 11.8% next year, 7% in 2023.
Turkish state lenders decrease interest rates
Three banks cut interest rates by 200 basis points.
Turkish Central Bank lowers interest rates by 200 basis points
Policy rate, also known as 1-week repo rate, down to 16% from 18%, well above market forecast.
Turkey appoints new deputy Central Bank governor
Deputy governors Semih Tümen and Uğur Namık Küçük dismissed.
Turkey’s annual inflation rises to 19.58% in September
Monthly inflation also climbed 1.25% in the same month.
Turkish Central Bank lowers interest rate to 18%
Monetary Policy Committee decides to revise bank's monetary policy stance.
Turkish Central Bank signs agreement for digital currency
Bank, technology stakeholders establish Digital Turkish Lira Collaboration Platform.
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