Central Bank of the Republic of Turkey (CBRT)
Capital outflows further reduce Turkey’s reserves in March
Current account deficit falls, but the economy’s weak external position remains unchanged
Turkish central bank tightens monetary policy by the back door
Central bank tries to prevent currency falling amid political pressure not to raise policy rates
Turkish central bank defends reserves-boosting swaps activity
Swaps provide support for banks amid offshore Turkish lira liquidity squeeze, central bank says, after reports suggested the central bank was artificially pumping up its reserves figures
Emerging markets Argentina and Turkey: mission impossible?
High international debt exposures, large deficits and institutional frailty have fuelled capital outflows, weaker currencies and soaring inflation in Argentina and Turkey. Does the US Fed’s pause give the EM central banks reason for hope?
CBRT spooks markets by dropping tightening wording
Lira falls as central bank takes rate hike off the table
Turkish lira depreciates as reserves fall sharply
Forex reserves have fallen by 8% in first three weeks of March, according to central bank data
Turkey acknowledges reserves build-up necessary to stabilise lira
Currency plummeted on March 22 on weak global economic data
Turkey’s monetary policy will depend on fiscal caution, central bank says
Minutes say MPC could further tighten policy if the government fails to deliver on promises
CBRT cuts reserve requirements, but stresses tight stance
Liquidity tools are more about transmission than policy stance, says Murat Çetinkaya
Central bank gold purchases soar to highest level since 1971
Russia, Turkey and Kazakhstan accumulated the most gold in 2018
Turkish central bank sees inflation outlook improving
Inflation undershot forecasts in latest period, having overshot them earlier in 2018
Turkish central bank makes early payout to government
Extraordinary general meeting sees CBRT agree to similar actions in future
CBRT holds main rate steady at 24%
Turkish central bank keeps rates high as signs emerge of a “rebalancing trend” in the economy
Turkish central bank to hold extraordinary general meeting
January meeting likely to see early profit distribution to government, ahead of local elections
2018: The year in review
The past year marked a return to instability, but also saw some innovations among central banks
Lower oil prices and stronger lira send Turkey and Argentina diverging
In 2019, analysts expect inflation to drop sharply in Argentina and to bounce back in Turkey
Turkish inflation falls for first time since March
Currency has begun recovery after reaching record lows against dollar in August
CBRT ups inflation forecast 10 percentage points
Leap in forecast reflects dramatic overshooting due to lira weakness
Turkish central bank on hold as lira finds support
Central bank holds main rate in first decision after September’s aggressive tightening action
Draghi warns of dangers of ‘cliff-edge Brexit’
ECB president says some governments are endangering central bank independence
Central banks accelerate gold purchases in 2018
This has been the strongest period of gold buying since 2015, WGC says
Turkey reinforces monetary tightening with fiscal caution
New economic plan considered appropriate by analysts, but currency instability remains
Erdoğan takes control of Turkey’s SWF
Fund was created in 2016 and holds assets of key national companies
Lira rallies as CBRT hikes main rate
Currency stages modest recovery, as central bank follows through on promised action