Edition:
India

Ali Kucukgocmen

Erdogan says rate hike was bitter but necessary for Turkey

20 Nov 2020

ANKARA/ISTANBUL Turkey's President Tayyip Erdogan said on Friday the central bank's big rate hike a day earlier was bitter but necessary, and his newly-installed finance ministry pledged complementary policies that would help get inflation under control.

UPDATE 2-Erdogan says rate hike was bitter but necessary for Turkey

20 Nov 2020

ANKARA/ISTANBUL, Nov 20 Turkey's President Tayyip Erdogan said on Friday the central bank's big rate hike a day earlier was bitter but necessary, and his newly-installed finance ministry pledged complementary policies that would help get inflation under control.

Turkey's new-look central bank 'decisively' hikes key rate to 15%

19 Nov 2020

ISTANBUL Turkey's central bank ramped up its key interest rate by 475 basis points to 15% and pledged to remain tough on inflation on Thursday, meeting lofty expectations after President Tayyip Erdogan installed a new governor and heralded a new economic approach.

Turning the tide? The Turkish lira's traumatic year

19 Nov 2020

LONDON/ISTANBUL The battered lira was threatening to propel Turkey into full-blown crisis earlier this month, but a change of finance minister and central bank governor and the currency has just enjoyed its best week in nearly two decades.

Turning the tide? The Turkish lira's traumatic year

18 Nov 2020

LONDON/ISTANBUL The battered lira was threatening to propel Turkey into full-blown crisis earlier this month, but a change of finance minister and central bank governor and the currency has just enjoyed its best week in nearly two decades.

Turning the tide? The Turkish lira's traumatic year

18 Nov 2020

LONDON/ISTANBUL The battered lira was threatening to propel Turkey into full-blown crisis earlier this month, but a change of finance minister and central bank governor and the currency has just enjoyed its best week in nearly two decades.

Turkey's cenbank to hike policy rate to 15% in first meeting under Agbal: Reuters poll

17 Nov 2020

ISTANBUL Turkey's central bank is expected to raise its policy rate sharply to 15% this week from 10.25%, a Reuters poll showed on Tuesday, unchanged from last week as more economists predicted the bank would tighten policy through an orthodox channel.

Turkish judges' board looking into philanthropist's detention - document

13 Nov 2020

ISTANBUL A Turkish judicial body is seeking a review of records related to the arrest and remand of philanthropist Osman Kavala, who has been held for three years on charges of seeking to oust the government, a document seen by Reuters on Friday showed.

Turkey's new-look cenbank to hike rates 475 points to 15%: Reuters poll

12 Nov 2020

ISTANBUL Turkey's central bank is expected to sharply raise its policy rate to 15% from 10.25% next week, a Reuters poll showed on Thursday, after President Tayyip Erdogan surprised markets by replacing the bank's chief and hailing a new economic strategy.

UPDATE 2-Falling lira, high prices put Turkey's cenbank in tight spot

03 Nov 2020

* Cenbank under political pressure to ease policy (Updates lira level, recasts)

World News