The Central Bank of the Republic of Turkey (CBRT) held interest rates at 8.25%, and it has just released its minutes, where it has indicated that it stands prepared to continue with the liquidity measures it has put in place despite forex scarcity. As a result, the Lira was able […]
On Thursday, August 20, the Central Bank of the Republic of Turkey (CBRT) will release the latest consignment of data marking its key interest rates. The one-week repo rate is our focus here. Analysts are expecting that the CBRT has ended its easing cycle by maintaining the 1-week repo rate […]
The Turkish Lira has hit record lows against the US Dollar after investors were panicked by a sudden surge in borrowing costs overnight on Tuesday, triggering two days of a Lira selloff. This has allowed the USDTRY pair to hit record highs on Thursday, as the pair climbed 3.31% on […]
The Central Bank of the Republic of Turkey (CBRT) kept its repo rate unchanged at 8.25%, marking what looks like the end of its 1-year rate cutting cycle. The bank cited an increased prevalence of “demand-driven disinflationary effects in the second half of the year” as the main reason for […]
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