Turkish Central Bank

Turkish Central Bank latest

Despite the moderate slowdown in consumption and investment, the economic growth in the second quarter continued with domestic demand. (Shutterstock)

September 11th, 2018 - 07:44 GMT

Despite Inflation Struggle, Turkey's Economy up by 5.2 Percent

The Turkish economy's primary targets are a total struggle with inflation and reducing the current account deficit to sustainable levels, the treasury and finance minister said Monday.

President Recep Tayyip Erdogan owes his success largely to the growth of the Turkish economy in the past decade, but he must keep in mind that more direct investment requires political stability and a reliable legal framework. (AFP/File)

April 18th, 2017 - 02:34 GMT

What does Turkey's referendum mean for foreign investors?

Turkish Central Bank Governor Erdem Basci sought to calm jittery investors, appearing to dismiss rumors that he would resign and giving a brief lift to the lira currency after it tumbled to a record low.

March 2nd, 2015 - 08:02 GMT

Keep calm and ignore Erdogan: Turkey central bank chief to stay put after Lira's historic low

For all the turmoil in the financial markets, Erdoğan's tirades have won praise from a class of industrialists who have thrived on cheap borrowing costs and political stability over the past decade.

March 1st, 2015 - 07:25 GMT

Turkish Lira hits historic low, Erdogan implies central bank 'treason'

over the course of time, the AKP has taken up the path of all the previous populist governments and begun to see the public sector as an easy way to provide employment for people.

August 18th, 2014 - 12:26 GMT

Is Erdogan's party waging a 'holy war' against the free market economy?

The Fitch statement from Monday -- which some observers interpreted as fairly balanced -- warned that the Turkish economy is not immune from political risks.

August 14th, 2014 - 03:55 GMT

From tweets to public outrage: understanding Turkey's bitterness towards credit rating agencies

The consequences of a deeply depreciated Turkish lira would have been worse.

January 30th, 2014 - 08:39 GMT

Did the Turkish Central Bank just save the lira at the expense of Erdogan's 'face'?

The declines were part of a broader slide in global markets on Friday, with stocks in Asia, Europe and the US tumbling.

January 29th, 2014 - 03:55 GMT

Is the Turkish lira a victim of Turkey or of global contagion?

May 1st, 2003 - 02:00 GMT

Central Bank of Turkey to cut short-term interest rates

December 7th, 2001 - 02:00 GMT

Turkey’s 2001 economic performance indicates severe slowdown

May 16th, 2001 - 02:00 GMT

Turkey secures new IMF rescue package

March 21st, 2001 - 02:00 GMT

Turkey, IMF conclude new agreement

March 5th, 2001 - 02:00 GMT