monetary policy
- Turkiye
Turkiye Eyes Potential Credit Upgrade Amid Strong Reserve Growth and Narrowing Deficit, Says S&P
‘Türkiye is a very resilient economy, it has an extremely resilient private sector,’ S&P Global Ratings senior director Frank Gill…
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Turkiye’s Central Bank Raises Interest Rates to 50%: A 4,150 Basis Point Hike Since June 2023
Since June 2023, the CBRT has lifted the interest rate from 8.5 percent to 50 percent, a 4,150 basis point…
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Inflation in Turkiye expected falling to around 24% next year: IMF
Further drop in inflation would boost confidence, says financial agency Inflation in Türkiye is expected to fall to around 24%…
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Turkiye’s economy will stabilize in 2026, says banker
Country’s annual inflation rate will fall to around 20% by end of 2025, says head of Isbank Once inflation is…
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Bitcoin climbs to nearly $65,000 as Fed chair signals interest rate cut
Value of cryptocurrency market up 5.79% to $2.27T The price of Bitcoin climbed to nearly $65,000 early Saturday after US…
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Turkiye leaves interest rates unchanged, in line with expectations
Turkish Central Bank keeps policy rate at 50% for 5th straight month Türkiye’s Central Bank on Tuesday kept the benchmark…
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Turkish Central Bank’s international reserves tick up to $147.9 Billion in July
Reserve assets grow 3.5% from prior month The Turkish Central Bank’s official reserves rose to $147.9 billion as of the…
Read More » - UAE
Cheaper loans for UAE consumers likely soon
With the US Federal signalling a lowering of rates, UAE consumers can access cheaper credit Consumers in the UAE can…
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CBRT Vice Governor Akcay: No Rate Cuts on the Horizon
Firm Stance on Monetary Policy Maintained to Combat Inflation, Says Akcay Vice Governor of the Central Bank of the Republic…
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Moody’s upgrades ratings of 17 Turkish banks
Policy change yielding positive results for inflation, domestic confidence in Turkish Lira, foreign capital inflows, says rating agency Moody’s said…
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