Central Bank of the Republic of Turkey (CBRT)
Turkish MPC could face lawsuit
If convicted central bankers could face jail term over refusal to cut rates, but spokesman says central bank law protects policy-makers from prosecution relating to conduct of their duties
Turkey’s central bank expects to break letter-writing cycle
The Central Bank of the Republic of Turkey forecasts inflation falling back to target from mid-2015, sparing it a fourth letter to the government in the space of five years
Central bank says macro-pru tools ‘crucial’ in Turkey
With the threat of a ‘spillover from global uncertainty to inflation’ in 2015, the Central Bank of Turkey highlights the importance of macro-prudential defences
Central banks in SE Europe publish 19th century data
Institutions in Albania, Austria, Bulgaria, Greece, Romania, Serbia and Turkey team up to shed light on ‘statistical dark ages’ going back to the Ottoman Empire in 1830
Central Bank of Turkey quadruples amount of forex on offer in daily auctions
Lira's ‘heightened volatility' follows bank's decision yesterday to hold interest rates steady; pressure on forex the result of geopolitical risk, says analyst
EMs evaluate macro-prudential tools in BIS publication
Central bankers across Asia and Europe assess their countries’ efforts to mitigate spillovers from monetary policy in advanced economies in a major BIS publication
Capital lured to EMs by interest rate differentials, CBRT paper finds
Inflation and global liquidity other important drivers of international capital flows post-crisis, but countries' growth rates have less effect
Central Bank of Turkey tells lenders to drop all euros from reserve holdings
Only dollars will be allowed as a substitute for liras in required reserves, central bank announces; lenders forced to sell €12.7 billion
Turkey central bank announces research award winners
Emrah Şener awarded $7,000 for 'The Geography of Risk Capital'; annual awards granted to support research on 'Turkish economy, emerging market economies and/or central banking'
Turkish central bank in broad social media push
Bank joined four social network platforms this week in bid to raise public's financial awareness; also says it will aim to foster ‘habit of saving and encouraging the use of' lira coins
Central Bank of Turkey cuts main rate as MPC sees inflation in decline
Bank lowers one-week repo rate by 75bp to 8.75%, its second consecutive rate cut, but says it is maintaining a ‘tight policy stance'
Turkey's central bank board removes five executives
The bank has yet to comment publicly on the reshuffle, which a spokesperson says is not a matter of public concern
Monetary policy stance will 'continue to be tight', says Turkish central bank
Central Bank of the Republic of Turkey, which lowered interest rates last week, says slowdown in consumer loans and weak private demand is expected to keep lid on inflation
Carstens leads Sintra scepticism over macro-pru policies
Bank of Mexico governor Agustin Carstens says macro-prudential instruments were of ‘limited use’ in his country, while Lagarde points to other issues across the globe
Turkish rate cut baffles markets as inflation heads for double figures
Turkey's central bank cut rates today despite inflation of almost double the target level; deputy governor tells CentralBanking.com the focus must return to price stability
Turkey’s pursuit of output-based models
The Central Bank of Turkey has shifted from using input-based approaches to output-oriented models for budgeting purposes in a bid to optimise its use of public resources. By Eyup Kahveci.
Turkey's central bank overhauls strategic plan following turmoil earlier this year
The bank outlines new strategic plan for 2014–18 in view of ‘changed external and economic conditions'; replaces 2011 plan that was scheduled to expire next year
Turkey's Başçı says inflation will peak in May
Central Bank of the Republic of Turkey governor Erdem Başçi says current account deficit to shrink 'substantially' in 2014 at conference hosted by National Bank of Macedonia in Skopje
Turkey's Başçı reiterates rate cut is unlikely
Central Bank of Republic of Turkey governor Erdem Başçı says lower interest rates unlikely following PMs call for a cut on Friday
Turkish PM calls on central bank to cut rates
Turkey's prime minister Recep Tayyip Erdogan calls on central bank to ‘convene extraordinary meeting' to cut interest rates day after governor sends ‘hawkish' signals in London
Turkish central bank award aims to promote research in central banking
Turkey award follows the Carl Menger Prize for Research launched by the Bundesbank, the National Bank of Austria and the Swiss National Bank in January
Unorthodox monetary tools worked for Turkey, central bank research shows
The introduction of asymmetric interest rate corridor and ‘reserve option mechanism' has helped mitigate the impact of hot money flows, according to February papers
Central Bank of Turkey expected to avoid drama with rate hold tomorrow
The bank, which hiked rates by 425 basis points in an emergency meeting on January 29, is widely expected to stay on current path; has continued to sell dollars in February to prop up lira
Turkey and South Africa shock markets with interest rate hikes
South Africa and Turkey join India in raising rates in the face of persistent inflationary pressures and sharp currency devaluations, ahead of the FOMC decision later today