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1 – 10 of 31The deadly tremors on February 6 have ushered in a period of calm in bilateral relations, and Ankara is signalling that it could lift its veto on NATO’s enlargement to Finland and…
In 2019, the US Department of Justice (DoJ) charged Halkbank with having operated a scheme to evade US sanctions in 2012-13 by using the receipts of Iranian oil sales to buy gold…
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DOI: 10.1108/OXAN-DB276251
ISSN: 2633-304X
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Prospects for Turkey to end-2021.
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DOI: 10.1108/OXAN-DB262364
ISSN: 2633-304X
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However, serious concerns remain about the credibility of Turkey's Central Bank (CBRT), whose refusal to mount an interest rate defence of the lira accentuates the risks posed by…
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DOI: 10.1108/OXAN-DB206415
ISSN: 2633-304X
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TURKEY: Central Bank may be under more pressure soon
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DOI: 10.1108/OXAN-ES233584
ISSN: 2633-304X
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State banks’ increased use as policy instruments.
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DOI: 10.1108/OXAN-DB241954
ISSN: 2633-304X
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The long-running weakness of the lira, which accelerated this month, has forced up prices and market interest rates, depressed asset values, dampened confidence in the economy and…
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DOI: 10.1108/OXAN-DB233743
ISSN: 2633-304X
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Prospects for Turkey to end-2022.
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DOI: 10.1108/OXAN-DB270739
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB242769
ISSN: 2633-304X
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It was a bid to stabilise the lira. Bank deposit and credit rates have already risen sharply, and credit growth has virtually halted. As Turkey’s economic crisis takes hold, the…