Turkish Central Bank to pursue tight monetary policy against inflation - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Diego Cupolo

Diego Cupolo

Dec 16, 2020

People walk past a screen showing rates at a currency exchange agency near Grand bazaar, in Istanbul, on September 24, 2020. - Turkey's central bank on September 24, 2020 raised its main interest for the first time since September 2018, boosting the rate by two percentage points to help the lira recover from historic lows. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images) — People walk past a screen showing rates at a currency exchange agency near the Grand Bazaar in Istanbul, on Sept. 24, 2020. — OZAN KOSE/AFP via Getty Images

ISTANBUL, TURKEY - NOVEMBER 09: People wait to exchange money at a currency exchange shop on November 09, 2020 in Istanbul, Turkey. Finance Minister Berat Albayrak, the son-in-law of President Erdogan who has been in the role for five years, resigned Sunday citing health reasons. The country's currency has plunged 30 percent this year. After the resignation of Berat Albayrak, Turkish lira gained 3% against $ following the resignation. (Photo by Burak Kara/Getty Images)

Under new leadership, Turkish Central Bank delivers largest rate hike in two years

Diego Cupolo

Turkish Central Bank holds interest rate steady

Diego Cupolo

OZAN KOSE/AFP via Getty Images

Turkish lira nears record lows as emerging markets struggle

Diego Cupolo

ISTANBUL, TURKEY - NOVEMBER 09: A man uses an automated teller machine (ATM) at a Turkey's Akbank branch on November 09, 2020 in Istanbul, Turkey. Finance Minister Berat Albayrak, the son-in-law of President Erdogan who has been in the role for five years, resigned Sunday citing health reasons. The country's currency has plunged 30 percent this year. After the resignation of Berat Albayrak, Turkish lira gained 3% against $ following the resignation. (Photo by Burak Kara/Getty Images)

Turkish lira makes gains on renewed optimism

Diego Cupolo