monetary policy
- Istanbul
Cost of Living in Istanbul Soars to $2,320 for Families as Inflation Keeps Urban Budgets Under Strain
The Istanbul Planning Agency (IPA) has calculated the average monthly cost of living for a family of four in Türkiye’s…
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EBRD Cuts Turkiye’s 2025 Growth Forecast to 2.8% Amid Weaker Demand and Tight Monetary Policy
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 2.8 percent in 2025, downgraded from…
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Turkiye Tightens Currency Measures to Support Lira and Curb Dollarization Amid Reserve Decline
Türkiye’s Treasury and Finance Ministry and the Central Bank of the Republic of Türkiye (CBRT) have implemented coordinated fiscal and…
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Turkish Central Bank raises policy rate 350 basis points, despite forecasts
Benchmark one-week repo rate raised from 42.5% to 46% The Turkish Central Bank on Thursday raised its policy rate by…
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Turkiye’s Real Estate Sales Hit All-Time Q1 Record with Over 694,000 Transactions, Revenue Surges to $758 Million
Real estate sales across Türkiye including residential units, land, farmland, commercial properties and business premises started the year strong and…
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Turkiye’s Banking Sector Profitability Set to Improve in 2025, BBVA Reports
The Turkish banking sector’s profitability is expected to improve in 2025, driven by a recovery in the net interest margin…
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Turkiye’s Central Bank Cuts Benchmark Rate to 42.5% to Support Disinflation Strategy
Benchmark 1-week repo rate lowered to 42.5% from 45% The Central Bank of the Republic of Türkiye on Thursday lowered…
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EBRD Maintains Turkiye’s 2025 Growth Forecast at 3%, Warns of Inflation and Global Risks
The European Bank for Reconstruction and Development (EBRD) expects Türkiye’s economy to grow by 3 percent in 2025, unchanged from…
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Turkiye’s Inflation Expectations Shift as Market and Real Sector See Decline
Inflation expectations for the next 12 months declined among market participants and the real sector but rose for households in…
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