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Erdoğan replaces central bank deputy governor in latest shake-up

Turkish President Recep Tayyip Erdoğan appointed a Morgan Stanley executive to the central bank’s interest rate setting committee, as the shake-up at the monetary...

Turkey’s central bank dismisses chief economist, department managers: report

Turkey’s central bank has dismissed its chief economist, Hakan Kara, and some department managers, according to a document seen by Reuters, re-igniting concern about political interference...

Turkey’s central bank governor sees room for more interest rate cuts

Turkey’s central bank cut its inflation forecasts on Wednesday and new governor Murat Uysal said it has “considerable” room for maneuver on interest rates in coming...

Turkish central bank governor sacked after refusing 300 basis point cut in interest rates: report

President Recep Tayyip Erdoğan’s abrupt decision to sack Turkey’s central bank governor Murat Çetinkaya came after months in which they had not met and was precipitated...

Fitch downgrades Turkey’s rating, cites sacking of central bank governor

Ratings agency Fitch downgraded Turkey’s sovereign rating to “BB-“ on Friday, saying the dismissal of its central bank governor heightens doubts over the authorities’...

Erdoğan says Turkey could face problems if central bank not overhauled: report

President Recep Tayyip Erdoğan said Turkey could face serious problems if its central bank is not completely overhauled after the dismissal of Governor Murat Çetinkaya, Reuters...

Erdoğan sacks central bank governor over policy differences: report

Turkish President Recep Tayyip Erdoğan sacked the governor of the central bank on Saturday as differences between them deepened over the timing of interest rate cuts...

Turkish Central Bank’s forex reserves shrink again, losing $1 billion

The Turkish Central Bank’s international net reserves suffered a further decrease of $1 billion last week, according to the T24 news website, falling to...

Turkey watchers puzzled on policy after central bank chief’s Q&A: report

Turkish Central Bank Governor Murat Çetinkaya set the Turkish lira wobbling with comments at a press briefing on Tuesday that a new round of monetary tightening may...

Turkish central bank keeps interest rates unchanged ahead of election

Turkey’s central bank kept its benchmark interest rate on hold on Wednesday, sticking to a promise to stand firm on inflation even as the...

Central bank governor expects Turkish inflation to gradually approach target

Turkey’s inflation is expected gradually to get nearer to the central bank’s targets, Central Bank Governor Murat Çetinkaya said on Friday, after consumer prices...

Turkish central bank sharply revises inflation forecast upward from 8.4 to 13.4 pct

Turkey’s central bank on Tuesday sharply raised its inflation forecast for this year and next, saying price pressures were the only factor in its...

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