CBRT vows action at next policy meeting

central-bank-of-the-republic-of-turkey
Central Bank of the Republic of Turkey
CBRT

The Central Bank of the Republic of Turkey has promised action at its next monetary policy meeting, raising the possibility of a long-awaited policy rate hike.

The lira found a degree of relative stability in recent weeks after a precipitous drop in early August. The CBRT has tried an array of measures to stabilise the currency, but so far has shied away from raising the policy rate amid criticism from President Recep Tayyip Erdoğan.

That stance may now be changing. In an unusual piece of

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.