Turkey
Turkey continues easing cycle with 100bp cut
Policy-makers see oil shock creating room for stronger easing
Turkish central bank unveils emergency measures
Turkish central bank official makes optimistic prediction despite evidence of mounting problems
Turkish central bank keeps cutting rates despite higher inflation
Cut brings Turkish real rates into negative territory as currency renews slide against dollar
Turkish central bank makes fourth rate cut in six months
Central bank has reduced rates by 850 basis points since president dismissed last governor
CBRT to hand over profit and reserves to government
Law change permits government to dip into central bank’s reserves
Turkish central bank slashes rates for fourth time straight
Move was larger than many had expected, and comes as inflation re-enters double digits
Turkish central bank faces sluggish economy and political pressure
Updated policy framework includes major increase in MPC meetings, but few other changes
Turkish president calls for further rate cuts
President Erdogan dismissed previous central bank governor in March over failure to cut policy rates
Turkey and Russia continue expanding gold reserves
Central banks purchased 156 tonnes in third quarter of year, 38% less than a year earlier, WGC figures show
Turkish central bank supplies lire through stock exchange
Governor acknowledges unconventional short-term liquidity provision, as traditional repo operations come to a halt
CBRT slashes rates again as inflation enters single digits
Central bank makes further sizeable cut as inflation hits lowest level for over two years
Turkish central bank steps up efforts to increase bank lending
CBRT makes second move to use reserve levels to sharply increase credit growth
Turkey launches second major rate cut
Central bank slashes further 325 basis points off main rate
People: Banque de France deputy nominated to EU Commission
Turkey fills two vacant deputy posts; Fed appoints head for new FedNow payments service; Iceland looks for director of financial stability replacement; FSB appoints Norman Chan’s replacement
Erdoğan sidelines senior central bank officials
Move follows dismissal of governor Murat Çetinkaya in July
Turkey increases reserve requirements on forex deposits
Authorities aim to discourage citizens from transferring their assets into other currencies, weakening the lira
Turkish government may shift central bank to Istanbul
No official response to reports that finance ministry and central bank will move in next two years
Turkish central bank makes largest-ever rate cut
Unprecedented 425bp cut will raise independence fears following governor’s dismissal
New Turkish governor hints at willingness to cut rates
Monetary policy has “room for manoeuvre”, Murat Uysal says ahead of next week’s meeting
Turkish governor is dismissed after clash with president
Erdoğan says governor refused his demands to cut rates, local media reports
New Turkish governor accused of plagiarism
Turkish writers accuse new governor of having plagiarised master’s thesis from three papers
CBRT cuts rates for primary dealers
New liquidity facility designed to contribute towards financial market deepening, central bank says
Central Banking’s ‘Leaders’ for custody, banking and gold
Central banks want integrated custody platforms and real-time data from custodians as the low-yield environment drives demand for banking services and increases the relative attractiveness of gold
Capital outflows further reduce Turkey’s reserves in March
Current account deficit falls, but the economy’s weak external position remains unchanged