central bank
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Gold Prices Soar by 25.5% in 2024: Key Factors Driving Growth and 2025 Forecast
Factors that may support gold prices include stronger central bank demand or rapid deterioration of financial conditions Gold prices performed…
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Morgan Stanley Expects Another Rate Cut from Türkiye’s Central Bank in January
The US-based investment firm Morgan Stanley predicts that the Central Bank of Türkiye (TCMB) will implement another interest rate cut…
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Central Bank of Türkiye Lowers Foreign Currency Loan Growth Limit to 1%
The Central Bank of Türkiye (CBRT) has revised its mandatory reserve requirements for loan growth to align credit expansion and…
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Turkiye’s Economic Confidence Rises in Key Sectors for December: TUIK
Confidence across Türkiye’s key economic sectors moved up in December, the Turkish Statistical Institute (TÜİK) has announced. According to seasonally…
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Turkiye raises monthly minimum wage by 30% for 2025
Turkiye’s net monthly minimum wage will be 22,104 Turkish lira ($630.36) in 2025, Turkish President Tayyip Erdogan said on Tuesday,…
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Goldman Sachs Predicts Turkish Central Bank to Hold Rates at 50% Amid Market Rate Cut Expectations
Analysts at Goldman Sachs think the Turkish Central Bank will remain on hold at 50 percent on Dec. 26 against…
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Turkiye’s Interest Rates Expected to Drop to 48.5%, Say Economists
If bank lowers interest rate at next week’s meeting, it will be the first such move since January 2023 Türkiye’s…
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Residential Property Prices in Turkiye Surge Nominally Despite Real Term Decline
The residential property price index (RPPI) rose by 26.8 percent annually in nominal terms in October, but home prices declined…
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Turkiye’s Private Sector Foreign Debt Reaches $178.5 Billion, Central Bank Reports
Foreign debt of Türkiye’s private sector rose $14.3B from end of 2023, according to official figures The Turkish private sector’s…
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Turkiye’s Central Bank Projects 44% Inflation This Year, Aiming for Stabilization by 2026
Year-end inflation rate projected at 44% this year, 21% next year, and 12% in 2026 Türkiye’s Central Bank on Friday…
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