The most striking one of the decisions the CBRT (Central Bank of the Republic of Turkey) announced the last Thursday was the abolition of the...
I have postponed and avoided writing about this issue for long. But since I have been talking about exchange rate issue and as the issue was...
My last commentary ended with the following sentence: What is behind this 'terrifying' purchase-sale traffic in the exchange rate market if it is...
I started to a series on exchange rate; but it was interrupted by growth figures and the recent decision on interest rate. A meeting by exporters...
The recent interest rate decision was generally misinterpreted. It was said that the CBRT (Central Bank of Republic of Turkey) cut interest rates...
Two important figures were recently announced: GDP in the second quarter of the year and unemployment rate for June. Let me start with emphasizing...
It is exporters in general who mention a certain level for exchange rate. This is 'understandable' considering only the exports. After all,...
Let me begin with a quotation from an academic research published in 1995: "There is remarkably little evidence that macroeconomic variables have...
If you are of belief that the market mechanism should not be intervened in and that the economy will reach the equilibrium in its own dynamics,...
I would like to start with the commentary of Hasan Ersel published in Referans daily on September 1st. He examines by various angles the decision...