Free Trial

TURKEY: CBRT Rate Decision in Focus, No Change to Policy Rate Expected

TURKEY
  • The CBRT is widely expected to keep its one-week repo rate unchanged at 50% and maintain a hawkish tilt to its guidance. Among sell-side, some analysts see rate cuts commencing at the November meeting. The rate decision will be announced at 12:00BST/14:00 local time.
  • See the full preview, with a summary of sell-side analyst views, here.
  • The Turkish sovereign wealth fund will take over stakes in 12 companies currently held by the Treasury, Bloomberg report citing a presidential decree published in the official gazette.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.