Turkey’s central bank chief says fears of interest rate cut ‘unjustified’
Bank to continue setting policy rate above realized, expected inflation throughout disinflation process.
Bank to continue setting policy rate above realized, expected inflation throughout disinflation process.
Claim that there is $128B deficit in Central Bank's foreign exchange reserves is untrue, says governor.
Central Bank reserves helped eliminate economic fallout from recent developments, especially pandemic, says Turkish leader.
Policy rate stands at 19% in line with market expectations and tight monetary policy stance.
Central Bank to continue to use all tools independently and effectively, says head.
One-week repo rate to continue to be main policy tool, operational framework of monetary policy to be preserved, according to ...
Meetings of Monetary Policy Committee to go on as previously scheduled, says Sahap Kavcioglu.
Bank raises 1-week repo rate, also known as policy rate, 200 basis points from 17% to 19%.
Turkish economy tends to rapidly recover from shocks, says economist at European Bank for Reconstruction and Development.
Tax revenues total $13.8B, interest payments amount to $1.8B last month, official data shows.