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1 – 10 of 14However, 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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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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TURKEY: Erdogan will find markets cannot be bullied
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DOI: 10.1108/OXAN-ES233821
ISSN: 2633-304X
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Prospects for Turkey in 2020.
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DOI: 10.1108/OXAN-DB247765
ISSN: 2633-304X
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Turkey's external balances in 2016.
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DOI: 10.1108/OXAN-DB209681
ISSN: 2633-304X
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This follows the decision by the Central Bank of the Republic of Turkey (CBRT) on August 18 to keep its three main interest rates on hold. Despite the CBRT also announcing a 'road…
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DOI: 10.1108/OXAN-DB202838
ISSN: 2633-304X
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TURKEY: Lira losses will help correct imbalances
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DOI: 10.1108/OXAN-ES238172
ISSN: 2633-304X
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In one of the most significant changes in direction in a major emerging market (EM) in recent years, newly appointed TCMB Governor Naci Agbal has tightened monetary policy…
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DOI: 10.1108/OXAN-DB257783
ISSN: 2633-304X
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As state-owned banks apparently intervene to support the lira, the Treasury and Finance Ministry has proposed issuing domestic bonds with yields linked to the revenues of state…