Tag: Central Bank

Recep Tayyip Erdogan points out Turkish foreign exchange reserves have grown from $27.5B in 2002 to $95B today.

US dollar/Turkish lira exchange rate falls below 7 for first time since Aug. 5 last year.

Governor says bank will take all decisions by prioritizing price stability.

Country’s year-end inflation rate projected at 9.4% for 2021, 7% for 2022.

Bank's policy rate stands at 17%, according to statement.

Turkish industry and technology minister said that Turkey will be the winner of the post-pandemic period.

According to TurkStat, turnover is an important short-term indicator used to assess the country's economic situation.

According to the official data, Turkey's industrial output rose in October.

The survey also predicted the end-2020 current account balance to show a deficit of $34.5 billion, with estimates ranging between ...

Turkey's economic administration focuses on macroeconomic, financial, and price sustainability, says the finance minister.