image description
image description

Archives


  • 30-12-21

    Turkish central bank sustains median rate of inflation at 5 percent

    (MENAFN) Turkey's Central Bank sustained the average inflation rate of 5 percent after issuing Monetary and Exchange Rate Policy for the upcoming year on Wednesday, stating that the monetary policy is going to be planned to progressively hit this goal.

    The bank highlighted that during the upcoming year, the bank is going to carry on employing the inflation aiming scheme for guaranteeing price steadiness and the bank's chief policy tool is going to continue to be the one-week repo auction rate.

    The bank emphasized that it is going to carry on applying the floating exchange rate scheme, as well as that free-market conditions are going to remain controlling exchange rates.

    The Central Bank stated that it is going to keep on to enhancing its foreign exchange reserves, raising reserves in next year as long as market circumstances are appropriate.

    MENAFN30122021000045013568ID1103462916

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved