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Lira gains value after central bank simplification announcement

The Turkish lira gained value and firmed to 4.55 against the US dollar after a central bank decision on Monday "to complete the simplification...
Business

Şimşek says Halkbank rumors limited central bank’s effect on Turkish lira

Deputy Prime Minister Mehmet Şimşek has claimed that a decision made by the Turkish Central Bank to increase interest rates only had a limited...
Business

Fitch says Erdoğan’s remarks on tightening control of central bank raise risks

International credit rating agency Fitch on Tuesday published a press release on Turkey, arguing that President Recep Tayyip Erdoğan’s remarks last week on Bloomberg...
Business

Turkey’s central bank raises year-end inflation forecast to 8.7 percent

Turkish Central Bank Governor Murat Çetinkaya on Tuesday raised the inflation forecast for end-2017 to 8.7 percent from the previous 8.5 percent. Speaking during a...
National

12 former central bank employees arrested over ByLock use

Twelve former employees of the Turkish Central Bank who were detained in Ankara last week due to their use of a smart phone application...
National

46 Central Bank, KİK employees detained over ByLock use

Thirty-six employees from the Turkish Central Bank and 10 others from the Public Procurement Authority (KİK) have been detained in Ankara due to their...
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