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Turkey’s central bank tells investors inflation will dip soon: report

Turkey’s central bank said on a conference call on Thursday that inflation, while up a bit in recent months due to the pandemic, will...

Turkey’s inflation jumped to 12.62 percent in June: report

Turkish inflation climbed more than expected to 12.62 percent year-on-year in June, official data showed on Friday, drifting further away from the central bank's...

Turkish central bank unexpectedly halts interest rate easing cycle: report

Turkey’s central bank unexpectedly halted a nearly year-long easing cycle on Thursday by keeping its key interest rate unchanged at 8.25 percent and citing...

Gov’t debt held by Turkey’s central bank exceeds 10 pct of assets: report

The share of government debt among the Turkish central bank’s assets exceeded 10 percent this week, data showed on Wednesday, as it continues buying...

Turkish central bank cuts policy rate by 50 pts, eyes normalization: report

Turkey’s central bank cut its policy rate by 50 basis points to 8.25 percent as expected on Thursday, taking advantage of recent lira strength...

Turkey triples its currency-swap deal with Qatar: central bank

Turkey secured a tripling of its currency-swap agreement with Qatar to $15 billion, the central bank said on Wednesday, providing some much-needed foreign funding to reinforce...

Turkey still in talks with 4 central banks for currency swap lines: report

Turkey is still in talks with Japan, the United Kingdom, Qatar and China on creating or expanding swap lines, and reports of a deal with two...

Turkey’s central bank holding talks on swap lines with several central banks: report

The Turkish Central Bank is having talks on a swap lines with several central banks but cannot currently provide details, Turkish Central Bank Governor...

Turkish lira defense sends central bank reserves to lowest level in year despite borrowing: report

Turkey’s defense of the lira sent central bank net international reserves to the lowest level since last May even after it borrowed a record amount of...

Turkish central bank cuts interest rate to 8.75 pct amid coronavirus crisis: report

Turkey’s central bank cut interest rates to 8.75 percent on Wednesday, risking further lira weakness, in a bigger-than-expected move aimed at limiting the economic damage of...

Turkey posted $1.23 billion current account deficit in February: central bank

Turkey's central bank said on Monday the country's current account deficit in February narrowed to $1.23 billion. The figure is more than a Reuters forecast...

Turkish central bank’s forex reserves dropped by $1.1 billion last week: report

The Turkish central bank’s gross foreign currency reserves dropped by $1.1 billion in the week to March 27 as the authorities continued to defend...

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