Turkey raises interest rates for fifth time in as many months Central bank’s efforts to bring down inflation could be complicated by any escalation of Israel-Hamas conflict FT live news News updates from October 26: US GDP rises 4.9%, Ford strikes deal with auto union ...
Short Url ISTANBUL: Turkey’s central bank raised the benchmark interest rate on Thursday for a second time in a row under its new chief. The bank announced after its Monetary Policy Committee meeting that it was raising the one-week repo rate — the rate by which it lends to commercial ...
One of the main reasons behind the interest of policy makers in these areas may be attributed to need of the country to enhance human capital as well as to its aim to fulfill the requirements for EU membership. This provides the motivation for the empirical analyses presented in this thesis ...
The central bank under Erkan’s leadership hasboosted interest ratesfrom 8.5 per cent to 45 per cent. It has also taken a series of other steps aimed at cooling rampant inflation and financing growth, while encouraging locals to hold lira rather than stashing their savings in dollars and gold...
In addition, a 10% confidence level greatly raises the pace of inflation. However, no fluctuation is founded in food loss regarding the GDP growth rate. Second, the employed Pairwise causality test discovered a bidirectional correlation between the loss of food grains and imports. Similarly, ...
Pledged almost two months ago yet awaiting what analysts say is probably a green light from Moscow, the operation raises questions about Turkey’s ultimate plans for Syria. Erdogan says he wants to initiate his fourth operation in the country’s north since 2016, targeting a zo...
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