Turkiye’s central bank tightens loan-growth limits for FX loans, overdraft accounts Published 31 Jan, 2026 11:07am The eight-week growth limit for foreign-currency loans is reduced to 0.5% from 1%.
Turkish central bank holds rate at 50%, attentive to inflation risks Updated 27 Jun, 2024 10:05pm ISTANBUL: Turkiye’s central bank kept its main interest rate steady at 50% on Thursday as expected and reiterated...
Turkiye central bank net reserves fell some $4.5bn last week, bankers say Published 26 Mar, 2024 11:39am ANKARA: The Turkiye central bank’s net reserves fell around $4.5 billion last week, a significant part of which was...
Turkiye’s central bank hikes interest rate to 50% Published 21 Mar, 2024 06:31pm ISTANBUL: Turkiye’s central bank hiked its key interest rate on Thursday, resuming its tightening cycle as one of...
Turkiye hikes rates to 45%, says done tightening policy Published 25 Jan, 2024 05:54pm ISTANBUL: Turkiye’s central bank completed its aggressive tightening cycle with a 250 basis-point interest rate hike...
Turkiye central bank targets 50% lira deposits in banks in 2024 Published 29 Dec, 2023 12:29pm ISTANBUL: Turkiye central bank said on Friday it aims to increase the share of Turkish lira deposits to 50% in the...
Turkiye hikes rates by 250 pts to 42.5% with end in sight Published 21 Dec, 2023 05:01pm ISTANBUL: Turkiye’s central bank lifted its key interest rate by 250 basis points to 42.5% on Thursday as expected,...
Turkiye central bank total reserves rise to record $142.5bn Published 19 Dec, 2023 11:31am ANKARA: The Turkiye central bank’s total reserves rose around $1 billion last week to a record of some $142.5...
Inflation forces Turkiye’s central bank chief to move in with parents Published 16 Dec, 2023 03:12pm ISTANBUL: The new head of Turkiye’s central bank said she has been priced out of Istanbul’s property market by...
Turkiye central bank hikes rate by big 750 bps to 25%; lira rallies Published 24 Aug, 2023 05:02pm ISTANBUL: Turkiye’s central bank aggressively lifted its key interest rate by 750 basis points to 25% on Thursday,...
Turkiye central bank says ends targeting conversion to FX-protected lira deposits Published 20 Aug, 2023 11:38am ANKARA: Turkiye central bank said on Sunday it has stopped targeting conversion from foreign currency deposits to...
Turkiye net FX reserves seen rising again as policy U-turn continues Published 09 Aug, 2023 04:56pm ANKARA: Turkiye’s net foreign exchange reserves surged nearly $5 billion last week, with total reserves up almost $2...
Turkiye’s Erdogan appoints three deputy governors to central bank Published 28 Jul, 2023 11:24am ISTANBUL: Turkiye’s President Tayyip Erdogan named three deputy governors to the central bank, the country’s...
Turkiye’s central bank raises year-end inflation forecast to 58% Published 27 Jul, 2023 02:37pm ANKARA: Turkiye’s central bank raised its end-2023 inflation forecast to 58.0% from 22.3% in its previous report,...