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CBRT Retains Focus on Lira as Key Component of Current Policy

TURKEY
  • Statement:
  • STRENGTHENING OF THE IMPROVING TREND IN CURRENT ACCOUNT BALANCE IS IMPORTANT FOR PRICE STABILIT
  • EXPECTS DISINFLATION PROCESS TO START ON THE BACK OF MEASURES TAKEN
  • ASSESSES THAT EXTENDING LONG-TERM TURKISH LIRA INVESTMENT CREDIT WILL PLAY A SIGNIFICANT ROLE IN ACHIEVING THIS TARGET
  • COMPREHENSIVE REVIEW OF THE POLICY FRAMEWORK IS BEING CONDUCTED WITH THE AIM OF ENCOURAGING PERMANENT LIRAIZATION IN ALL POLICY TOOLS OF THE CBRT - RTRS
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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