Tag: CBRT
Minister Şimşek Commented on the CBRT Decisions: Decisions Are Taken in Line with Our Purpose
Treasury and Finance Minister Mehmet Şimşek made an assessment on his social media account following the decisions taken by the Central Bank of the Republic of Turkey (CBRT) regarding loans.…
Note from Fitch to CBRT: Slow Approach in Interest Rates and Policies May Damage Confidence!
International rating agency Fitch has published a report evaluating the new Turkish economy management, policies led by Mehmet Şimşek and Hafize Gaye Erkan. The report stated that the Turkish government…
CBRT Evaluation by Foreign Economists:
The economic model, which can be called “Low interest, low inflation” or “Interest cause, inflation is the result” and which was perhaps first applied to the literature by President Recep…
CBRT Announced: Financial Services Confidence Index Increased in July
In July 2023, Financial Services Confidence Index increased by 3.7 points compared to the previous month and rose to 162.3. According to the statement made by the Central Bank of…
CBRT Announces Its Interest Rate Decision! – Cryptokoin.com
The economic management, led by Mehmet Şimşek and Hafize Gaye Erkan, who were appointed after the elections, continues its efforts to put the Turkish economy, which has been trying to…
Last minute! CBRT Announced Its July Interest Rate Decision, Here Is The Reaction Of The Dollar!
The CBRT announced its interest rate decision for July. The CBRT Monetary Policy Committee increased the interest rates to 17.5% with a 250 basis point increase in July. In the…
Mixed course prevails in Borsa Istanbul before the CBRT
Today, a mixed course prevails in Borsa Istanbul. Starting the day at 6,633.44 points with an increase of 0.95 percent, the banking index increased by 1.05 percent and the holding…
British economist criticized the CBRT: TL may be in a difficult situation!
British economist Timothy Ash made a warning to the CBRT and the current economy administration with his posts on his twitter account. Expressing that the interest rate decision that will…
IIF Announced Its Interest Rate Expectations from the CBRT!
Institute of International Finance (IIF) CEEMEA Research Unit Manager Uğraş Ülkü, Central Bank of the Republic of Türkiye (CBRT) policy at its next meeting interest rate of 250 basis points.…
Bloomberg Announced Its Expectation From CBRT, Goldman Sachs Avoided Making Forecasts!
US-based investment bank Goldman Sachs announced that its economists will refrain from making predictions about interest rates in Turkey. Analysts of the bank stated that it is difficult for them…
Mehmet Şimşek: There is a significant increase in CBRT reserves
Treasury and Finance Minister Mehmet Şimşek shared the positive developments regarding the CBRT reserves in his statement on his social media account. Minister Şimşek emphasized that the goal of ensuring…
New Incentive from CBRT in Long Term Liraization Strategy!
The Central Bank of the Republic of Turkey (CBRT) has taken a new step to encourage investors to deposit in long-term Turkish Lira (TL). The CBRT will calculate the transfers…
Corporate Tax Increases, Treasury Transfers KKM Burden to CBRT
The newly appointed economy management took some new decisions in order to balance the budget. In line with these decisions, the 20% corporate tax rate foreseen for 2023 will be…
Claim: Record Increase in CBRT Net Reserve!
While the exchange rates continued to rise after the election, the policies of the new economy management began to be reflected in the data. Speaking to Reuters, four officials stated…
Barclays: We Expect CBRT to Lower Interest Rates to 35% by October
Barclays analysts said they expect Turkey’s main interest rate to reach 35 percent in October, but risks are “clearly to the downside”. In a note sent to customers by Barclays,…
CBRT Announces Interest Rate! How Did USDT/TRY React?
The Central Bank of the Republic of Turkey (CBRT) increased the policy rate by 650 basis points to 15%. explained. After keeping the policy rate constant last month, the CBRT…
Last minute! CBRT Announced Its Much Awaited June Interest Rate Decision! Here’s The Reaction Of The Dollar!
The Central Bank of the Republic of Turkey, the interest rate decision for June, which the markets have been eagerly waiting for, has been announced. The CBRT Monetary Policy Committee…
CBRT Announces Its Decision: Interest Rates Increased to 15 Percent
The Central Bank of the Republic of Turkey ended the interest rate cuts that it started in September 2021. After the newly appointed economic management’s words to return to rational…
CBRT Announces Its Decision: Interest Rates Increased to 15 Percent
The Central Bank of the Republic of Turkey ended the interest rate cuts that it started in September 2021. After the newly appointed economic management’s words to return to rational…
Societe Generale: We Expect a Rate Cut from the CBRT until March 2024
French Societe Generale touched upon its evaluations about Turkey before the Central Bank of the Republic of Turkey’s interest rate decision tomorrow, in its Emerging Markets 2023 Q2 report. While…