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Tag: turkish central bank

Turkish central bank unveils new steps to bolster tightening
Business

Turkish central bank unveils new steps to bolster tightening

March 17, 2024March 17, 2024

The Turkish central financial institution introduced Saturday new measures to curb bank card spending in a transfer geared toward further tightening after it made changes

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Türkiye’s CBRT targets lira reserve requirements in latest step
Business

Türkiye’s CBRT targets lira reserve requirements in latest step

March 13, 2024March 13, 2024

Turkish banks have been instructed to place a portion of their lira required reserves into blocked accounts, in response to a doc the nation’s central

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CBRT introduces reserve requirement based on loan growth
Business

CBRT introduces reserve requirement based on loan growth

March 7, 2024March 7, 2024

The Turkish central financial institution launched on Thursday a reserve requirement primarily based on mortgage progress, a regulation printed within the nation’s Official Gazette confirmed,

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CBRT acts to limit lending, FX demand to bolster tight stance
Economy

CBRT acts to limit lending, FX demand to bolster tight stance

March 6, 2024March 6, 2024

Türkiye’s central financial institution on Wednesday introduced contemporary steps to curb lending and discourage overseas trade demand within the banking sector amid a sliding Turkish

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Turkish central bank leaves interest rate unchanged at 45%
Business

Turkish central bank leaves interest rate unchanged at 45%

March 3, 2024March 3, 2024

Türkiye’s central financial institution on Thursday stored its key coverage charge, also called the one-week repo charge, fixed at 45%, pausing the financial tightening after

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Turkish finance minister, CBRT chief head to Brazil for G-20 meet
Business

Turkish finance minister, CBRT chief head to Brazil for G-20 meet

March 2, 2024

Türkiye’s high financial system officers are heading to Brazil to attend the Finance Ministers and Central Bank Governors Meeting of the G-20 group of the

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Turkish central bank expected to keep rates steady at 45%
Business

Turkish central bank expected to keep rates steady at 45%

February 21, 2024

Türkiye’s central financial institution is anticipated to maintain its key rate of interest regular at 45% at its financial coverage assembly scheduled subsequent week, in

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Türkiye’s current account gap expected to shrink below 2023’s .2B
Business

Türkiye’s current account gap expected to shrink below 2023’s $45.2B

February 13, 2024February 13, 2024

Türkiye ended 2023 with a lower-than-expected present account deficit of practically $2.1 billion (TL 64.52 billion) in December, in keeping with official information on Tuesday

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CBRT sticks to tight policy but new chief keeps all options open
Business

CBRT sticks to tight policy but new chief keeps all options open

February 9, 2024February 9, 2024

Türkiye’s central financial institution will follow its tight financial coverage till inflation reaches the focused degree, its new governor stated Thursday, however stored all choices

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Big switch at Turkish central bank – but not in policy
Economy

Big switch at Turkish central bank – but not in policy

February 5, 2024February 5, 2024

The reshuffle at Türkiye’s central financial institution brings a couple of large change on the helm however is all however certain to maintain in place

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