If the CBT had done the statement on Tuesday right after the debates had emerged, it would strengthen its prestige. I had omitted the last two...
If the BRSA steps in and introduces regulations that will discourage extending credits using short term funds, the CBT's chances to succeed with...
Credit supply can be slowed down should the required reserve ratio is increased "sufficiently". The fact that such slowdown is not yet observed as...
While withdrawal of 21.6 billion liras was targeted, the CBT injected 14.7 billion liras to the market. The Central Bank of Turkey (CBT) increased...
The CBT on the one hand reduced the amount of funds banks can extend in form of credits and on the other hand provided one-week maturity funds to...
Together with the rise in crude oil and food prices, the possibility of an upwards movement in inflation rate becomes more visible. Consumer...
Turkey has a higher interest expenditure/GDP ratio than all European countries but Greece. I am now obsessed with the 'stability' issue; I have to...
Favorable economic developments in the recent period disguise an unpleasant form of stability. Gaddafi is in power for more than 40 years; and he...
'Tenth anniversary of the 2001 crisis' celebrations must not be exaggerated or used to disrepute the ruling government back then. It is...
The biggest mistake made was the failure to advance upon the banking sector the major weaknesses of which became to be understood much later....