In a bit of a hurry

TURKEY - Report 25 Aug 2026 by Murat Ucer

The CBRT lowered the money market rates (TLREF) to around 37% from around 40%-- more abruptly than we thought. After the dovish signals sent by Governor Fatih Karahan at the recent Inflation Report meeting, this was almost certain to happen, but we thought a more gradual move --to test market sentiment as well as investor behavior-- would be the more prudent thing to do.

Now read on...

Register to sample a report

Register
Must have at least 8 characters
Sign-in
Forgot your password?
Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.