Turkish central bank unveils emergency measures


Turkey’s central bank announced a wide range of emergency measures today (March 31), in a bid to protect the economy from the impact of the coronavirus pandemic.

The central bank’s moves followed both its recent decision to further cut policy rates despite above-target inflation and the government’s unveiling of an emergency support package.

The Central Bank of the Republic of Turkey announced it would extend rediscount credits worth 60 billion lira ($9.1 billion). The CBRT said the move aimed

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: