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Turkiyes central bank has maintained the policy rate at 8.5 per cent amid growing global economic uncertainties and potential financial instability. Despite relatively stronger...

(RTTNews) - Turkeys central bank maintained its key interest rate for the third straight time at its May meeting on Thursday, and policymakers as...

As widely expected, Türkiye’s Central Bank has once again kept its policy rate - one-week repo auction rate- constant at 8.5 percent.

Turkey's central bank maintained its key interest rate for the third straight time at its May meeting on Thursday, and policymakers assessed that the current monetary policy stance is adequate to support the necessary recovery from the outcome of the earthquake by maintaining price stability and financial stability.

The foreign exchange position of the corporate sector has improved with the liraization of their balance sheets, while the share of the Turkish Lira in households’ financial balance has increased significantly, in this way financial resilience indicators of firms and households remain strong, the Central Bank’s governor Şahap Kavcıoğlu has said in the bank’s biannual Financial Stability Report.

Türkiye’s Central Bank has kept its inflation projections for end-2023 and end-2024 unchanged at 22.3 percent and 8.8 percent, respectively.

Central Bank of the Republic of Türkiye (CBRT) Governor Şahap Kavcıoğlu announced on Thursday the bank kept the inflation forecasts unchanged at 22.3%...

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Turkiyes monetary policy committee has kept its policy rate unchanged at 8.5 per cent due to concerns over the impact of a recent earthquake on the economy, as well as geopolitical...

ANKARA (dpa-AFX) - Turkey's central bank said on Thursday that it will provide an incentive for the conversion of firms' foreign exchange obtained from abroad into Turkish liras to support the