News
How the Iran Conflict is Destabilizing the Turkish Economy
1+ hour, 48+ min ago (371+ words) The most immediate impact of the war has been a rapid exodus of international liquidity. According to banking sources, foreign investors have liquidated between $25 billion and $30 billion in Turkish assets since the conflict intensified in late February. This "dash for…...
Turkey's Inflation: Rising Oil Prices Spark Pension Hike Forecasts
2+ day, 8+ hour ago (305+ words) The intensifying conflict in the Middle East has sent global oil prices surging toward $100 per barrel, triggering a wave of upward revisions for Turkey's inflation outlook. As fuel costs climb, market analysts now anticipate a March CPI of approximately 2%, a…...
Turkey’s Current Account Deficit Widens Past Expectations as Gold and Core Imports Surge
2+ mon, 2+ day ago (430+ words) ISTANBUL " Turkey's current account deficit expanded more sharply than anticipated in November 2025, signaling a rapid deterioration in the country's external balance following a brief period of improvement during the summer. Data released for November shows a monthly deficit of USD…...
Weekly Capital Flows: CBRT reserves surge as foreign investors pile into Turkish bonds
1+ mon, 3+ week ago (471+ words) Central Bank of the Republic of T'rkiye (CBRT) reserves strengthened markedly in the week ending January 16. Net reserves excluding swaps rose by $8.4 billion, or $4.0 billion when adjusted for gold price effects. Over the same period, gross reserves increased by approximately…...
Iran War Fears Hit CBRT Reserves as FX Demand Rises
1+ week, 2+ day ago (759+ words) Weekly CBRT data initially showed a modest improvement in reserves during the week ending 27 February. Gross international reserves increased from $206.1 billion to $210.3 billion Net reserves rose to $91.9 billion Net reserves excluding swaps climbed to $78 billion However, a significant portion of…...
OPINION: Iran War and Monetary Policy
3+ day, 1+ hour ago (230+ words) The discussion provides a sobering outlook on inflation for 2026. Projections suggest that CPI will likely hover around 28-30% by the end of the year, though it could peak at 35-40% in the first half of the year due to seasonal and geopolitical…...
TCMB Governor Karahan: Tight Monetary Policy to Continue Amid Rising Food Price Risks
10+ mon, 5+ day ago (322+ words) GlobalSource Partners" Turkey Country Analyst Atilla Yesilada is the country"s leading political analyst and commentator. He is known throughout the finance and political science world for his thorough and outspoken coverage of Turkey"s political and financial developments. In…...
Türkiye’s Credit Risk Plummets: CDS Drops Below 260 as War Fears Recede
5+ day, 8+ hour ago (193+ words) The primary catalyst for this downward trend is a wave of optimism stemming from Washington. Recent statements from U.S. President Donald Trump, suggesting that the conflict with Iran could reach a resolution "very soon," have calmed jittery markets. This diplomatic softening…...
ANALYSIS: Current Account Deficit Widens and Reserves Dip, but Financing Remains Abundant
3+ day, 29+ min ago (232+ words) The Turkish economy is currently navigating a complex dual reality. While geopolitical tensions in the Middle East drive up energy costs and pressure central bank reserves, the country is simultaneously experiencing one of its most robust periods of external financing…...
Will Türkiye’s Central Bank Raise Interest Rates in April? Citi and Goldman Sachs Offer Forecasts
1+ day, 17+ hour ago (657+ words) The Central Bank of the Republic of T'rkiye (CBRT) kept its policy rate unchanged at 37% during its March Monetary Policy Committee (MPC) meeting. However, the next decision scheduled for April 22 has already become a key focus for markets. According to…...