Turkish central bank hikes policy rate by 350 bps amid rising inflation The Central Bank of the Republic of Turkey (CBRT) surprised some analysts by raising its key interest rate by 350 basis ...

Turkey’s central bank has raised its key interest rate by 3.5 percentage points and halted a three‑month easing streak as it confronts stubborn inflation and financial turbulence following the arrest ...

Turkey's central bank surprised markets on Thursday when it raised its key interest rate, the one-week repurchase rate, from 42.5% to 46%, ending the easing cycle it began in December of last year.

LONDON (Reuters) - The rush to cut interest rates at major central banks slowed to a trickle in April, as policymakers faced ...

Selva Demiralp notes that political instability and overreach in both countries are producing similar economic consequences.

In March, the current account deficit remained flat while capital account developments were key with outflows ...

Turkey's finance minister said the country's economic transformation was on track and that the country was prepared to deal ...

The weighted average cost of funding from the central bank rose to its highest level this year — 48.8% as of Monday — according to the latest data compiled by Bloomberg.

GDANSK, April 24 (Reuters) - Turkey's central bank is expected to restart its easing cycle from the current 46% by the end of the second quarter, with interest rate cuts likely to continue through ...

That's the lesson from Turkey, which has seen its currency, the lira (TRY), collapse over the years mainly due to President Recep Tayyip Erdogan's repeated interference in the central bank's ...

Starting November 2002, the Central Bank of Turkey has underlined three crucial risk factors that may have a negative impact on inflation in 2003, and pursued a cautious strategy while setting ...