cupure logo

Central Bank of the Republic of Turkey News

Turkey's Central Bank Reserves Hit Record High, Reaching $183.5 Billion

Turkey Central Bank Reserves Hit Record $183.5 Billion

Turkey's short-term external debt rises 2.5% to $170.7 billion in June

Turkey's short-term debt up 2.5% to $170.7B

Turkey's Current Account Deficit Widens to $4.2 Billion in June

Turkey's June current account deficit hits $4.2B

TCMB Revises Balance of Payments Data

The Central Bank of the Republic of Turkey (TCMB) has implemented a comprehensive revision to its Balance of Payments Statistics, Financial Account. The updates aim to enhance data quality by including financial derivative transactions and refining deposit data and the Net Errors and Omissions item.

Turkey's Central Bank Holds Rate at 37% for 5th Time

The Central Bank of the Republic of Turkey (CBRT) has maintained its policy interest rate at 37% for the fifth consecutive meeting. The bank reiterated its commitment to a tight monetary policy until price stability is achieved, emphasizing a cautious stance against upward inflation risks.

Markets Watch TCMB, ECB for Interest Rate Decisions

Global markets are focused on upcoming interest rate decisions from Turkey's Central Bank (TCMB) and the European Central Bank (ECB). Positive sentiment towards technology and AI-driven growth continues to support risk appetite.

Turkey's Business Confidence Index Decreased Slightly in July

Turkey Business Confidence Fell in July