Search results
1 – 9 of 9
The central bank depleted its foreign-exchange reserves and enticed savers to switch to lira deposits to stabilise the currency. Rising interest rates globally, after two years of…
Details
DOI: 10.1108/OXAN-DB266775
ISSN: 2633-304X
Keywords
Geographic
Topical
The TCMB has responded quickly to a new wave of lira volatility ahead of local elections, forcing banks to borrow at the overnight rate of 25.5% instead of the 24.0% policy rate…
Details
DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
Keywords
Geographic
Topical
Emerging markets under strain from dollar rally.
Details
DOI: 10.1108/OXAN-DB217159
ISSN: 2633-304X
Keywords
Geographic
Topical
Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the…
Details
DOI: 10.1108/OXAN-DB252635
ISSN: 2633-304X
Keywords
Geographic
Topical
China's exchange rate policy.
Details
DOI: 10.1108/OXAN-DB208257
ISSN: 2633-304X
Keywords
Geographic
Topical
The move mainly aims to pre-empt the widely anticipated launch of a sovereign quantitative easing (QE) programme by the ECB on January 22. However, it will accentuate divergences…
Details
DOI: 10.1108/OXAN-DB197067
ISSN: 2633-304X
Keywords
Geographic
Topical
The Eleventh Development Plan for 2019-23.
Details
DOI: 10.1108/OXAN-DB230033
ISSN: 2633-304X
Keywords
Geographic
Topical
Authorities took too long to adjust the exchange-rate regime under pressure from falling oil prices, wasting resources that could have been used to shore up the banking sector…
Details
DOI: 10.1108/OXAN-DB208130
ISSN: 2633-304X
Keywords
Geographic
Topical
Depending on the outcome, the United Kingdom's relation with its largest trading partner may be at risk, together with the City of London's role as a financial hub and the ability…