Central Bank of Armenia

The Central Bank of Türkiye has said that the monetary tightening process will continue until a significant improvement in the inflation outlook is achieved.

The bank's Monetary Policy Committee (MPC) on June 22 decided to lift its policy rate - the one-week repo auction rate - from 8.5 percent to 15 percent, the first rate hike since March 2021.

The 31-year-old said she has been able to give her family-of-three financial stability

The -31-year-old said she has been able to give her family-of-three financial stability

The Central Bank will maintain its price stability-oriented monetary policy framework and inflation targeting will continue to shape the monetary policy regime in 2018, according to the bank’s Monetary and Exchange Rate Policy for the 2018 report issued on Dec. 5.

The Turkish banking sector will remain resilient against global risks since it has a strong capital base, stable asset quality and adequate level of liquid assets, the Central Bank said on Nov. 30 in its latest financial stability report.

The Central Bank will do what is "necessary" on interest rates, Turkish Deputy PM Mehmet Şimşek has said at the World Economic Forum in Davos, adding that nothing was more critical than its credibility.

The independence of the Central Bank and similar institutions is important for business circles, the head of Turkey?s top business organization has said, calling for an end to recent developments that cast a shadow over the independence of key institutions.