Tag "Central Bank of Turkey"
Economics
Middle East/North Africa
Turkey’s new Central Bank Governor must walk political minefield
New Central Bank Governor Çetinkaya faces political pressure to cut interest rates while trying to reduce Turkey’s high inflation.
Finance
Middle East/North Africa
Turkey’s monetary policy feud stokes financial risk
While Turkey – with its ceaselessly falling currency – is struggling with the same global forces as other emerging markets, an internal struggle between President Erdoğan, Central Bank Govenor Basci and deputy PM for
Economics
International
3 things to watch in emerging market currencies
The US dollar has been on a tear since July, and its effect are beginning to hit emerging markets. First there was the taper tantrum, then another, then another. Emerging markets
Economics
International
Erdogan undermines Turkish Central Bank’s autonomy
On 30 April, the Governor of Turkey’s Central Bank, Erdem Basci, announced an interest rate cut in the near future, but specified neither number nor schedule. The announcement came a week after reaffirming the Bank’s