Central Bank of Turkey

Turkish Central Bank cuts year-end inflation forecast to 14.6%

Turkish Central Bank cuts year-end inflation forecast to 14.6%

Turkey's Central Bank lowered its year-end inflation outlook for 2019 at 14.6%, down from the previous 15.2%. According to the bank, in 2019 inflation is expected to be between 11.9% and 17.3%, with a median of 14.6%, at the end of …

Turkey and Iran sign banking co-op deal

Turkey and Iran sign banking co-op deal

Turkish and Iranian central banks signed a memorandum of understanding to boost banking cooperation, the Central Bank of Iran (CBI) said. The deal was signed by the deputy governor of CBI Mahmoud Yagoubi and …

Erdogan: Turkey does not need loans from IMF

Erdogan: Turkey does not need loans from IMF

The development of the region depends on Turkey's achievements, President Recep Tayyip Erdogan said. According to the Turkish leader, Ankara is responsible for the development of the …