If the motivation for the latest MCP decision was proper, so was the decision not to raise reserve requirements. I openly stated on Tuesday my...

There isn’t yet any strong sign of moderate economic recovery having started in the first quarter I will make a pause on the series about the...

Due to the FX open position of the economy, rapid increases in exchange rate would disrupt balance sheets and hence lower growth. I will continue...

High FX open position is an economic disease: the economy is indebted in FX terms. During the last two pieces, I focused on the challenges facing...

In the case of turmoil in international financial markets, economies with high FX open position are affected at the highest degree Last time I...

Factors that trigger exchange rate hikes will inevitably affect the economic growth and unemployment rate adversely. The rise in the exchange rate...

Budget deficit is one of the most dangerous indicators. The year-end estimation for 2012 is 10 percent of GDP. I was at the nineteenth annual...

4 percent growth rate target is still achievable. In addition, industrial output figures for January imply that a mild recovery has started. The...

With credit growth rate being substantially above the targeted level, the MPC will continue increasing reserve requirements. The Central Bank (CB)...

If the Central Bank intervenes to lower lira’s value as was done in the late 2010 and early 2011, inflation will increase. The same old scene has...