Central Bank of the Republic of Turkey (CBRT)
Turkey justifies cut to record low
The Central Bank of Turkey cut rates by 100 basis points to an all-time low earlier this month on signs that the global economic outlook continued to deteriorate and the depression was expected to be long lasting, the minutes for the 19 March meeting…
Turkish rates hit record low
The Central Bank of Turkey's decision to lower its benchmark rate by a full percentage point on Thursday took borrowing costs in the country at an all-time low.
Turkey justifies steep cut
The Central Bank of Turkey cut rates by 150 basis points last month on signs that inflation would undershoot its 7.5% target for this year, the minutes for the 19 February meeting reveal.
A new model of housing cycles
A new paper from the Central Bank of Turkey presents a simple model of housing cycles in a two good economy.
Turkey slashes to record low as growth slumps
The Central Bank of Turkey on Thursday chopped two percentage points off its benchmark rates, taking the measures to their lowest-ever levels.
Turkey cuts by 125 basis points
The Central Bank of Turkey cut its key rate by 125 basis points on Thursday after the slowdown in the Turkish economy showed signs of intensifying.
Turkey's Yilmaz in call for global LoLR
The most important lesson from the current financial turmoil is the need for a global lender of last resort, said Durmus Yilmaz, the governor of the Central Bank of Turkey.
Turkey changes tack and cuts rates
The Central Bank of Turkey has shifted its monetary policy stance and cut rates on signs of slowing growth and below-target inflation in the years to come.
Lira's decline won't trigger inflation
The recent depreciation of the Turkish lira will be largely offset by the disinflationary impact of the fall in food and energy prices and weakening domestic demand, states the latest Inflation Report of the Central Bank of Turkey.
Turkey's Yilmaz: FX liquidity support in place
The central bank put into effect measures to support foreign exchange liquidity in the domestic banking system, said Durmus Yilmaz, the governor of the Central Bank of the Republic of Turkey.
Turkey justifies September hold
The Central Bank of Turkey's rate-setting committee in September opted to keep rates on hold despite an improvement in the inflation outlook.
Turkey's Yilmaz on factors influencing food costs
Both supply and demand factors have contributed to the recent surge in food prices, said Durmus Yilmaz, the governor of the Central Bank of Turkey.
Turkey's Yilmaz confident on inflation targets
Inflation targets set for the next three years are attainable even if food and energy prices continue to rise quickly, said Durmus Yilmaz, the governor of the Central Bank of Turkey.
Inflation dynamics in Turkey
A new paper from the Central Bank of Turkey examines monetary pressures and inflation dynamics in the domestic economy.
Fiscal discipline an essential investor benchmark
A country's primary balance - its fiscal balance minus any interest payments - is an important signalling device to investors regarding sovereigns' commitment to repay debts, finds new research form the Central Bank of Turkey.
Turkey: past FX intervention worked
Direct foreign-exchange market interventions carried by the Central Bank of Turkey between 2002 and 2005 led to a fall in predicted volatility in the foreign-exchange market, a new paper from the central bank finds.
Exporting benefits labour productivity
Exporting increases firms' labour productivity, finds a new paper from the Central Bank of Turkey.
Turkey adjusts inflation forecast
Significant increases in the prices of oil and food led to an upward revision in the inflation forecast and mean further monetary tightening will be needed, according to the latest inflation report from the Central Bank of the Republic of Turkey.
Turkey holds lending rate on liquidity fears
The Central Bank of Turkey continued its rate-tightening run on Thursday by raising borrowing rates by half a point. But volatility in the money markets kept lending rates constant.
On the roots of housing bubbles
Regions or economies with a low share of owner-occupied houses are more prone to housing bubbles that are driven by locally unstable rent dynamics, research published by the Central Bank of Turkey argues.
Turkey will conquer inflation: Yilmaz
The Central Bank of Turkey will not dodge its responsibility for the maintenance of price stability, Durmus Yilmaz, the governor of the institution, stated.
Turkey raises rates to 16.25%
The Central Bank of Turkey added 50 basis points to the cost of borrowing on Monday in its first policy vote since abandoning its 4% inflation target.
Turkey forced to revise inflation target
The Central Bank of Turkey has admitted defeat over plans to reach its proposed 4% inflation target in the medium term.
Turkish inflation back in double digits
The Central Bank of Turkey looks set to hike rates again after inflation rocketed to 10.74% in the year to May, up from 9.25% the previous month.