central bank
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Turkiye
Turkiye: Electronics sales help retail sector
According to official data, February saw the highest monthly increase in retail sales in a year, with computer sales marking…
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Business
Current account deficit amounted to $3.265 billion in February
According to the balance of payments data released by the Central Bank of the Republic of Turkey, Turkey’s current account…
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Business
CBRT Governor Karahan Emphasizes Inflation Fight as Top Priority
CBRT President Fatih Karahan: “Our next strategy, our biggest priority is to fight inflation and accumulate as much reserves as…
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Business
CBRT to Finalize Securities Facility Regulation Soon: Security Facility Rate to Be Reduced to 1%
It was decided to reduce the security facility rate applied to liabilities subject to security facility from 4% to 1%,…
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Markets
The Central Bank Shifts to Buyer Position in Foreign Currency Post-Elections
After the local elections, the demand for foreign exchange in the market reversed. While there was a decline in Dollar/TL,…
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Business
CBRT Implements New Decision: Advance Interest Rates Increased to 51.75% Annually
In the Central Bank of the Republic of Turkiye (CBRT) communiqué published in today’s issue of the Official Gazette the…
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Markets
Italy Central Bank President Panetta: ECB is to cut interest rates
Italy Central Bank President Fabio Panetta said that the downward trend in inflation makes a rate cut possible. Panetta, speaking…
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Business
Turkiye: Deposit rates climb higher after Central Bank’s move
Turkish banks have hiked their deposit rates and loan rates after the Central Bank, in a surprise move, increased the…
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Business
Turkiye: Business confidence improves in March
The real sector confidence index increased from 102 in February to 103.5 in March, the Central Bank has said. Any…
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