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February 4, 2024
Turkeys central bank said early on early Monday that it will introduce interest payments on required reserves involving lira and FX-protected lira deposits with maturities of more than one month. ... -February 04, 2024 at 04:11 pm EST - MarketScreener
February 4, 2024
Turkeys newly appointed central bank governor Fatih Karahan said on Sunday that his team is determined to maintain tight monetary policy until inflation falls to levels consistent with their... -February 04, 2024 at 02:27 pm EST - MarketScreener
February 4, 2024
Turkey's newly appointed central bank governor Fatih Karahan said on Sunday that his team is determined to maintain tight monetary policy until inflation falls to levels consistent with their target. Karahan replaced Hafize Gaye Erkan on Saturday, hours after she resigned saying she needed to protect her family amid a "reputation assassination". In his first remarks after his appointment, Karahan said the priority was price stability, and that he would continue efforts to ensure...
January 15, 2024
Turkish Central Bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is vigilant on inflation risks and ready to take any necessary action if needed, bankers said. ... -January 14, 2024 at 11:50 pm EST - MarketScreener
January 11, 2024
Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening cycle as soon as... -January 11, 2024 at 01:46 pm EST - MarketScreener
November 28, 2023
The Turkish Central Banks total reserves rose $2 billion last week to a record of $136.5 billion, five bankers calculations showed on Tuesday, sustaining an uptrend after it adopted more orthodox...
November 23, 2023
ANKARA -Turkeys central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on Thursday and said the pace of monetary tightening would slow as the rate approached its peak....
November 1, 2023
Turkey is preparing new legislation covering crypto-assets to persuade an international crime watchdog to remove it from a grey list of countries that have taken insufficient action to prevent money... -November 01, 2023 at 01:45 am EDT - MarketScreener
November 1, 2023
Turkey will move to inflation-adjusted accounting, but financial institutions may be excluded from the practice, Finance Minister Mehmet Simsek said late on Tuesday. Turkish companies... -November 01, 2023 at 02:40 am EDT - MarketScreener