Central Bank of Turkey

‘Bell’ from Socete Generale for Turkey: The Turkish lira will reach 22 against the dollar

‘Bell’ from Socete Generale for Turkey: The Turkish lira will reach 22 against the dollar

The Turkish lira is expected to be among the emerging market currencies hardest hit by the global economic downturn, a…

Fitch: Turkey’s economic policy raises risks to public finances and forex

Ratings agency Fitch warned in a new report last week that Turkey's recent economic policy is raising risks to public…

Turkey: New rise in inflation, to 78.62%

Turkey's inflation strengthened less than economists had expected, as global crises in food and energy markets compounded domestic pressures from…

Of the Central Bank of Turkey: Foreign exchange reserves at a low of 20 years – The pound is new to the nadir

Turkish Central Bank (TCMB) net foreign currency reserves fell to a seven-year low of $ 7.38 billion on June 17th,…

Turkey: Foreign exchange reserves at a low of 20 years – To the new nadir the pound

Turkish Central Bank (TCMB) net foreign currency reserves fell to a seven-year low of $ 7.38 billion on June 17th,…

The Turks are hungry and Erdogan has increased himself by more than 40%

What if inflation has plunged the Turkish population into despair? Even though employees are finding it increasingly difficult to make…

‘SOS’ economists: Turkish pound to reach 19 against dollar in coming weeks

The Turkish pound is again the currency with the worst performance against the dollar so far in 2022. Economists at…

Turkey’s banking system in a thread: Turkish banks are extremely vulnerable, says S&P

Turkey, along with Tunisia, is one of the countries most exposed to changing global liquidity conditions, the international credit rating…

The monetary crisis of the Turkish pound is deepening: Free fall without brakes in 2022

Attention has been focused on the Turkish pound since late September, as the currency continues to be embroiled in a…

Turkish lira loses 20% against dollar this year – No interest rate hikes, says Nebati

The Turkish lira has extended its losses against the dollar to more than 20% this year after the government said…