Tag: CBRT

Turkey begins rolling back costly FX-protected deposits

Turkey begins rolling back costly FX-protected deposits

Woman holds Turkish Lira banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsANKARA, Aug 20 (R [...]
Turkish lira extends losses as Ankara loosens grip on forex market

Turkish lira extends losses as Ankara loosens grip on forex market

Lira hits fresh record low versus dollarFall shows move towards freely traded currency - economists'No air of panic' in markets, says traderInvestors [...]
Lira near record low; FX windfall seen paving way for Turkey rate cut

Lira near record low; FX windfall seen paving way for Turkey rate cut

Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/IllustrationRegister now for FRE [...]
Turkey imposes restrictions on lira loans to FX rich companies – watchdog/Anadolu

Turkey imposes restrictions on lira loans to FX rich companies – watchdog/Anadolu

ISTANBUL, June 24 (Reuters) - The Turkish BDDK banking watchdog has imposed restrictions on extending lira loans to companies with high levels of fore [...]
Turkish lira firms as minister sees limited inflation

Turkish lira firms as minister sees limited inflation

Turkish lira banknotes are seen in this picture illustration in Istanbul, Turkey August 14, 2018. REUTERS/Murad Sezer/IllustrationRegister now for FRE [...]
Turkey has burst its forex bubble with latest measures, Erdogan says

Turkey has burst its forex bubble with latest measures, Erdogan says

Turkish President Tayyip Erdogan addresses the media after a cabinet meeting in Ankara, Turkey, December 20, 2021. Murat Cetinmuhurdar/PPO/Handout [...]
USD/TRY, EUR/TRY Hit Record Highs Ahead of CBRT Rate Decision

USD/TRY, EUR/TRY Hit Record Highs Ahead of CBRT Rate Decision

Turkish Lira Outlook:Still one of the worst performing emerging market currencies in 2021, both EUR/TRY and USD/TRY rates have jumped to fresh all [...]
Turkey raises required reserves for forex liabilities -official gazette

Turkey raises required reserves for forex liabilities -official gazette

ISTANBUL, Nov 9 (Reuters) - Turkey raised the required reserves ratio for foreign currency liabilities by 200 basis points, according to a decision [...]
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