Turkish Central Bank
Turkish Central Bank takes reserve requirements step to shore up lira
The Turkish Central Bank moved to shore up the lira on May 7 after the currency fell to record lows against the dollar, lowering the upper limit for foreign exchange, which banks can use for their reserve requirements.
Turkish Central Bank reserves drop to $110.3 billion in March
The Turkish Central Bank's official reserve assets dropped to $110.3 billion in March, the bank announced on April 27.
Turkey's external assets rose in February
Turkey's external assets rose 2.4 percent as of February 2018 to reach $233.6 billion compared to the end of 2017, the Turkish Central Bank revealed on April 18.Turkey's external assets rose 2.4 percent as of February 2018 to reach $233.6 billion compared to the end of 2017, the Turkish Central Bank revealed on April 18.
- Read more about Turkey's external assets rose in February
- Log in to post comments
Parity, import costs have led to high inflation: Turkish Central Bank governor
A weak Turkish Lira and high import costs have led to increased inflation rate in Turkey, the head of the Turkish Central Bank has said, while also pointing to the potential negative impacts of high consumer prices over pricing behaviors.
Turkey’s current account gap ‘nearly $7.1 bln in January, slightly higher than estimates’
Turkey’s current account deficit has widened by $4.4 billion, year-on-year, to reach nearly $7.1 billion in January, the Turkish Central Bank said on March 12.