central bank
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Money
Turkish Central Bank int’l reserves at $86.3B in April
Foreign currency reserves total $50.1B, while gold reserves at $34.8B The official reserves of the Turkish Central Bank reached $86.3…
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Money
Turkish Central Bank boosts swap auction limit
Total Turkish lira swap auction limit raised from 40% to 50% The Turkish Central Bank on Friday boosted its lira…
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Business
Turkey’s manufacturing capacity rises in May
Manufacturing capacity utilization rate increases to 62.6% in May, says Central Bank Turkey’s manufacturing industry used 62.6% of its capacity…
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Turkey
Turkish Central Bank lowers interest rates by 50bps
Policy rate, also known as one-week repo rate, down to 8.25% from 8.75% The Turkish Central Bank on Thursday lowered…
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Business
Turkey: External assets hit $233.8B in March
Country’s net international investment position improves to minus $314.7B in March Turkey’s external assets hit $233.8 billion at the end…
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Turkey
Turkish consumer confidence index improves in May
Consumer confidence index reaches 59.5 this month, up from 54.9 last month, official data shows Consumer confidence in the Turkish…
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Money
Turkey to drop interest rate, survey predicts
Central Bank to hold Monetary Policy Committee meeting on Thursday to announce decision on interest rates Economists expect that Turkey’s…
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Money
Turkey’s Central Bank posts $7.9B net profit in 2019
Bank’s gold reserves were 556 tons and gold’s share in total reserves was 25.7% Turkey’s Central Bank posted 44.73 billion…
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Money
Foreign loan burden on Turkish private sector falls
Outstanding short- and long-term foreign debts of sector as of March slip $1.2B and $3B respectively from end of 2019…
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Business
Visa Files Patent for Cryptocurrency System to Replace Cash
Visa International has filed for a cryptocurrency system patent that is meant to replace physical currency. The system, which utilizes…
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