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Türkiye maintains its policy rate at 8.5 percent

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The Monetary Policy Committee (the Committee) has decided to keep the policy rate (one-week repo auction rate) constant at 8.5 percent. Although recently released data...

Monthly maximum overdue interest rate will be 1.55% for the Turkish...

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Press Release on Maximum Interest Rate for Credit Cards To be effective from 1 April 2020, the monthly maximum contractual interest rate for credit card...

Foreign currency reserves in Turkey increased by 3.2%

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International Reserves/Foreign Currency Liquidity Developments - February 2020 Official Reserve Assets recorded USD 107.7 billion indicating 5.1 percent increase compared to the previous month....

Gold and energy excluded current account in Turkey indicated USD 3,220...

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According to the news published by Central Bank of Republic of Turkey, Balance of Payments Developments - January 2020 Current Account The current account deficit recorded...

Energy prices in Turkey rose by 1.11% in January 2020

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Energy prices in Turkey rose by 1.11% in January 2020 According to the news published by Central Bank of Republic of Turkey, in January, consumer...

Foreign currency reserves in Turkey decreased by 4.7 percent, while gold...

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Foreign currency reserves in Turkey decreased by 4.7 percent, while gold reserves increased by 2.4 percent According to the news published by Central Bank of...

The policy rate in Turkey has been reduced from 11.25% to...

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The policy rate in Turkey has been reduced from 11.25% to 10.75% According to the news published by Central Bank of Republic of Turkey, the...

Fees That Banks Can Charge Commercial Clients

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Fees That Banks Can Charge Commercial Clients According to the news published by Central Bank of Republic of Turkey, fees that banks can charge their...

Assets in Turkey increased by USD 1 million, while liabilities decreased...

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Assets in Turkey increased by USD 1 million, while liabilities decreased by USD 1,502 million in November 2019 According to the news published by Central...

The broad money supply M3 in Turkey grew annually by 28.2%...

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The broad money supply M3 in Turkey grew annually by 28.2% in December 2019 According to the news published by the Central Bank of Republic...