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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…
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DOI: 10.1108/OXAN-DB238519
ISSN: 2633-304X
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The falling lira coincides with signs of policy disagreements and rumours of Deputy Prime Minister Mehmet Simsek's resignation. President Recep Tayyip Erdogan and his Justice and…
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DOI: 10.1108/OXAN-DB231968
ISSN: 2633-304X
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Having partly restored its inflation-fighting credibility by maintaining an exceptionally tight monetary stance since its decision last September to raise its benchmark rate to a…
Prospects for Turkey to end-2020.
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DOI: 10.1108/OXAN-DB253292
ISSN: 2633-304X
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Geographic
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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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Topical
State banks’ increased use as policy instruments.
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DOI: 10.1108/OXAN-DB241954
ISSN: 2633-304X
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Geographic
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Prospects for Turkey in 2017.
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DOI: 10.1108/OXAN-DB215974
ISSN: 2633-304X
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Prospects for Turkey to end-2019.
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DOI: 10.1108/OXAN-DB244730
ISSN: 2633-304X
Keywords
Geographic
Topical
Turkey's economic and monetary policy.