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Quando l’ho comprato il cambio era 18,15 ,a novembre perderò se il cambio starà a 27 circa
Obbligazioni valute high yield TURCHIA bond in usd e lira turca
- Creatore Discussione sentex
- Data di Inizio
pietro17elettra
Nonno pensionato
UPDATE 1-Turkey cenbank targets 60% lira deposits in banks in H1
Oggi 09:10 - RSF
(Adds details, background)
By Nevzat Devranoglu and Ezgi Erkoyun
ANKARA, Dec 30 (Reuters) - Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next six months, and vowed to continue using regulations to support access to credit.
Lira deposits now account for 53% of the total.
In its annual monetary policy report, the central bank said it was maintaining its long-held 5% medium-term inflation target, as the annual inflation rate begins edging down from a 24-year high above 85% in October.
The central bank, which has undertaken an "liraization" policy of stabilizing the currency pressured by its interest rate cuts, repeated it had no exchange rate target level and would not buy or sell hard currencies to direct the lira.
Inflation has surged since autumn 2021, stoked by an unorthodox monetary easing cycle that was sought by President Tayyip Erdogan, but which sparked a historic currency crash late last year.
A year ago, hard currencies accounted for some 65% of all deposits in the banking system, reflecting years of lira depreciation and high and volatile inflation rates.
But after dozens of regulations were adopted in 2022 meant to dissuade foreign currencies' use - including state-backed depreciation-protected lira deposits - their share has fallen to 47% of all deposits as of last week.
The lira
has steadied since August, while inflation is expected to fall sharply next year with economists predicting it will dip to 40% by the time Erdogan faces tight presidential and parliamentary elections in June.
The central bank also said in its report that it would ensure a "steady" increase in international reserves in support of the lira.
(Additional reporting by Can Sezer and Ebru Tuncay; Writing by Jonathan Spicer; Editing by Ece Toksabay and Tomasz Janowski)
(([email protected]; Reuters Messaging: [email protected] @jonathanspicer))
Oggi 09:10 - RSF
(Adds details, background)
By Nevzat Devranoglu and Ezgi Erkoyun
ANKARA, Dec 30 (Reuters) - Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next six months, and vowed to continue using regulations to support access to credit.
Lira deposits now account for 53% of the total.
In its annual monetary policy report, the central bank said it was maintaining its long-held 5% medium-term inflation target, as the annual inflation rate begins edging down from a 24-year high above 85% in October.
The central bank, which has undertaken an "liraization" policy of stabilizing the currency pressured by its interest rate cuts, repeated it had no exchange rate target level and would not buy or sell hard currencies to direct the lira.
Inflation has surged since autumn 2021, stoked by an unorthodox monetary easing cycle that was sought by President Tayyip Erdogan, but which sparked a historic currency crash late last year.
A year ago, hard currencies accounted for some 65% of all deposits in the banking system, reflecting years of lira depreciation and high and volatile inflation rates.
But after dozens of regulations were adopted in 2022 meant to dissuade foreign currencies' use - including state-backed depreciation-protected lira deposits - their share has fallen to 47% of all deposits as of last week.
The lira
has steadied since August, while inflation is expected to fall sharply next year with economists predicting it will dip to 40% by the time Erdogan faces tight presidential and parliamentary elections in June.
The central bank also said in its report that it would ensure a "steady" increase in international reserves in support of the lira.
(Additional reporting by Can Sezer and Ebru Tuncay; Writing by Jonathan Spicer; Editing by Ece Toksabay and Tomasz Janowski)
(([email protected]; Reuters Messaging: [email protected] @jonathanspicer))
pietro17elettra
Nonno pensionato
Turkey denounces French politicians for attending protest at killing of Kurds
29/12/2022 15:32 - RSF
ANKARA, Dec 29 (Reuters) - Turkey on Thursday denounced French politicians for attending a Paris protest at the killing of three Kurds, in which demonstrators waved flags of the outlawed Kurdistan Workers Party (PKK).
Clashes broke out last week between police and Kurdish protesters angry at the killing of three members of their community by a gunman on Friday.
Some protesters waved flags of the PKK, labelled a terrorist organisation by Turkey, the European Union and the United States, and posters of its jailed leader, Abdullah Ocalan.
Turkish Foreign Minister Mevlut Cavusoglu complained about the gathering in a call with his French counterpart, Catherine Colonna, the Turkish Foreign Ministry said.
"Minister Cavusoglu ... stressed that it is unacceptable that French politicians' attended events (protests) in which flags of the terrorist organisation PKK and posters of its leader were waved. He said France should not allow such activities," the ministry said.
Turkey said on Monday it had summoned France's ambassador to denounce French government officials' and politicians' "involvement in anti-Turkey propaganda".
The French government asked police to bolster protection of Kurdish community sites after the killings, Interior Minister Gerald Darmanin said on Friday. President Emmanuel Macron said Kurds had become the target of a "heinous" attack.
(Reporting by Huseyin Hayatsever; Editing by Jonathan Spicer and Nick Macfie)
(([email protected]
)
29/12/2022 15:32 - RSF
ANKARA, Dec 29 (Reuters) - Turkey on Thursday denounced French politicians for attending a Paris protest at the killing of three Kurds, in which demonstrators waved flags of the outlawed Kurdistan Workers Party (PKK).
Clashes broke out last week between police and Kurdish protesters angry at the killing of three members of their community by a gunman on Friday.
Some protesters waved flags of the PKK, labelled a terrorist organisation by Turkey, the European Union and the United States, and posters of its jailed leader, Abdullah Ocalan.
Turkish Foreign Minister Mevlut Cavusoglu complained about the gathering in a call with his French counterpart, Catherine Colonna, the Turkish Foreign Ministry said.
"Minister Cavusoglu ... stressed that it is unacceptable that French politicians' attended events (protests) in which flags of the terrorist organisation PKK and posters of its leader were waved. He said France should not allow such activities," the ministry said.
Turkey said on Monday it had summoned France's ambassador to denounce French government officials' and politicians' "involvement in anti-Turkey propaganda".
The French government asked police to bolster protection of Kurdish community sites after the killings, Interior Minister Gerald Darmanin said on Friday. President Emmanuel Macron said Kurds had become the target of a "heinous" attack.
(Reporting by Huseyin Hayatsever; Editing by Jonathan Spicer and Nick Macfie)
(([email protected]
)
pietro17elettra
Nonno pensionato
UPDATE 1-Turkey's Erdogan drops retirement age requirement for millions
29/12/2022 20:20 - RSF
(Updates Dec. 28 story with labour minister comments on cost of new system)
ANKARA, Dec 28 (Reuters) - President Tayyip Erdogan eliminated a retirement age requirement on Wednesday in a move that allows more than 2 million Turkish workers to retire immediately, less than six months before an election.
The announcement was made during a news conference and follows Erdogan's ruling AK Party delivering a hefty hike to the minimum wage last week as part of a campaign to win back voter support eroded by inflation, a fall in the lira, and a sharp drop in living standards.
The new arrangement will benefit people who started working before September 1999, when the law regulating retirement requirements changed, and who have completed 20-25 years of social security-registered working life.
Previously, the retirement age was set at 58 years for women and 60 for men.
Labour and Social Security Minister Vedat Bilgin said the new system would cost over 100 billion lira ($5.35 billion).
"We don't know how much more than 100 billion lira the new system will cost, because we don't know how many people will immediately decide to get retired under new system," Bilgin said on Thursday, speaking on state broadcaster TRT Haber.
Erdogan earlier said 2.25 million people were eligible to retire immediately. There are currently 13.9 million pensioners in Turkey.
Labour groups had been protesting the minimum age requirement for several years, asking that instead workers should just be required to complete the mandatory number of work days to retire. The move is seen giving a boost to Erdogan before a critical election due in June.
In two decades in power, Erdogan has overseen a crackdown on dissent and in recent years adopted unorthodox economic policies that helped push the lira down to one tenth of its value against the dollar a decade ago.
($1 = 18.7021 liras)
(Reporting by Ece Toksabay; additional reporting by Huseyin Hayatsever; Editing by Aurora Ellis and Grant McCool)
(([email protected]; +90 312 2927022; Reuters Messaging: [email protected]))
29/12/2022 20:20 - RSF
(Updates Dec. 28 story with labour minister comments on cost of new system)
ANKARA, Dec 28 (Reuters) - President Tayyip Erdogan eliminated a retirement age requirement on Wednesday in a move that allows more than 2 million Turkish workers to retire immediately, less than six months before an election.
The announcement was made during a news conference and follows Erdogan's ruling AK Party delivering a hefty hike to the minimum wage last week as part of a campaign to win back voter support eroded by inflation, a fall in the lira, and a sharp drop in living standards.
The new arrangement will benefit people who started working before September 1999, when the law regulating retirement requirements changed, and who have completed 20-25 years of social security-registered working life.
Previously, the retirement age was set at 58 years for women and 60 for men.
Labour and Social Security Minister Vedat Bilgin said the new system would cost over 100 billion lira ($5.35 billion).
"We don't know how much more than 100 billion lira the new system will cost, because we don't know how many people will immediately decide to get retired under new system," Bilgin said on Thursday, speaking on state broadcaster TRT Haber.
Erdogan earlier said 2.25 million people were eligible to retire immediately. There are currently 13.9 million pensioners in Turkey.
Labour groups had been protesting the minimum age requirement for several years, asking that instead workers should just be required to complete the mandatory number of work days to retire. The move is seen giving a boost to Erdogan before a critical election due in June.
In two decades in power, Erdogan has overseen a crackdown on dissent and in recent years adopted unorthodox economic policies that helped push the lira down to one tenth of its value against the dollar a decade ago.
($1 = 18.7021 liras)
(Reporting by Ece Toksabay; additional reporting by Huseyin Hayatsever; Editing by Aurora Ellis and Grant McCool)
(([email protected]; +90 312 2927022; Reuters Messaging: [email protected]))
pietro17elettra
Nonno pensionato
UPDATE 2-Turkey cenbank targets 60% lira deposits in banks by mid-2023
Oggi 10:16 - RSF
(Adds comment from bank, background, details)
By Nevzat Devranoglu and Ezgi Erkoyun
ANKARA, Dec 30 (Reuters) - Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next six months, and vowed to continue using regulations to support access to credit.
Lira deposits now account for 53% of the total.
In its annual monetary policy report, the central bank said it was maintaining its long-held 5% medium-term inflation target, as the annual inflation rate begins edging down from a 24-year high above 85% in October.
"Policies will continue to be used in order to permanently increase the weight of the Turkish lira on both the asset and liability sides of the banking system," the bank said.
The central bank, which has undertaken an "liraization" policy of stabilizing the currency pressured by its interest rate cuts, repeated it had no exchange rate target level and would not buy or sell hard currencies to direct the lira.
Inflation has surged since autumn 2021, stoked by an unorthodox monetary easing cycle that President Tayyip Erdogan pushed for to boost economic growth and investment, but which sparked a historic currency crash late last year.
A year ago, hard currencies accounted for some 65% of all deposits in the banking system, reflecting years of lira depreciation and high and volatile inflation rates.
But after dozens of regulations were adopted in 2022 meant to dissuade foreign currencies' use - including state-backed depreciation-protected lira deposits - their share has fallen to 47% of all deposits as of last week.
The lira
, propped up by indirect foreign exchange sales to the market, has steadied since August, while inflation is expected to fall sharply next year with economists predicting it will dip to 40% by the time Erdogan faces tight presidential and parliamentary elections, expected in June.
The central bank also said in its report that it would ensure a "steady" increase in international reserves in support of the lira.
Analysts expect the current 9% policy to remain steady until the election, after which it will depend on whether Erdogan is re-elected. The opposition has promised a return to orthodox policies and rate hikes.
For 2022, the central bank expects inflation to drop to 65.2% by year-end, thanks largely to base effects in December, compared to a median estimate of 69% in the latest Reuters poll.
(Additional reporting by Can Sezer and Ebru Tuncay; Writing by Jonathan Spicer; Editing by Ece Toksabay and Tomasz Janowski)
(([email protected]; Reuters Messaging: [email protected] @jonathanspicer))
Oggi 10:16 - RSF
(Adds comment from bank, background, details)
By Nevzat Devranoglu and Ezgi Erkoyun
ANKARA, Dec 30 (Reuters) - Turkey's central bank said on Friday it aims to lift the share of lira deposits to 60% of all deposits in the banking system over the next six months, and vowed to continue using regulations to support access to credit.
Lira deposits now account for 53% of the total.
In its annual monetary policy report, the central bank said it was maintaining its long-held 5% medium-term inflation target, as the annual inflation rate begins edging down from a 24-year high above 85% in October.
"Policies will continue to be used in order to permanently increase the weight of the Turkish lira on both the asset and liability sides of the banking system," the bank said.
The central bank, which has undertaken an "liraization" policy of stabilizing the currency pressured by its interest rate cuts, repeated it had no exchange rate target level and would not buy or sell hard currencies to direct the lira.
Inflation has surged since autumn 2021, stoked by an unorthodox monetary easing cycle that President Tayyip Erdogan pushed for to boost economic growth and investment, but which sparked a historic currency crash late last year.
A year ago, hard currencies accounted for some 65% of all deposits in the banking system, reflecting years of lira depreciation and high and volatile inflation rates.
But after dozens of regulations were adopted in 2022 meant to dissuade foreign currencies' use - including state-backed depreciation-protected lira deposits - their share has fallen to 47% of all deposits as of last week.
The lira
, propped up by indirect foreign exchange sales to the market, has steadied since August, while inflation is expected to fall sharply next year with economists predicting it will dip to 40% by the time Erdogan faces tight presidential and parliamentary elections, expected in June.
The central bank also said in its report that it would ensure a "steady" increase in international reserves in support of the lira.
Analysts expect the current 9% policy to remain steady until the election, after which it will depend on whether Erdogan is re-elected. The opposition has promised a return to orthodox policies and rate hikes.
For 2022, the central bank expects inflation to drop to 65.2% by year-end, thanks largely to base effects in December, compared to a median estimate of 69% in the latest Reuters poll.
(Additional reporting by Can Sezer and Ebru Tuncay; Writing by Jonathan Spicer; Editing by Ece Toksabay and Tomasz Janowski)
(([email protected]; Reuters Messaging: [email protected] @jonathanspicer))
NoToc
old style
CBRT touts ‘liraization’ strategy, sees growth in lira deposits in 2023
Türkiye’s central bank on Friday said it would maintain its “liraization” strategy in 2023, pledged to use all available tools to ensure price...
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pietro17elettra
Nonno pensionato
Turkey cuts natural gas, power prices for industry from Jan. 1
31/12/2022 13:06 - RSF
ANKARA, Dec 31 (Reuters) - Turkey will cut natural gas prices for industrial consumers by as much as 25% and reduce their electricity prices by 16% from Jan. 1, President Tayyip Erdogan said on Saturday.
"The price of natural gas has been decreased between 13.10% and 25.11% for industrial users compared to November 2022," Erdogan said in a tweet.
Natural gas prices for electricity production were cut by 12.73%, Erdogan said, adding that electricity prices would fall by 16% for industrial users, a measure announced by the head of the EPDK energy regulator on Friday.
Erdogan added that natural gas prices for places of worship would fall 42.73%, also effective Jan. 1.
(Reporting by Orhan Coskun Writing by Huseyin Hayatsever Editing by Helen Popper)
(([email protected])
31/12/2022 13:06 - RSF
ANKARA, Dec 31 (Reuters) - Turkey will cut natural gas prices for industrial consumers by as much as 25% and reduce their electricity prices by 16% from Jan. 1, President Tayyip Erdogan said on Saturday.
"The price of natural gas has been decreased between 13.10% and 25.11% for industrial users compared to November 2022," Erdogan said in a tweet.
Natural gas prices for electricity production were cut by 12.73%, Erdogan said, adding that electricity prices would fall by 16% for industrial users, a measure announced by the head of the EPDK energy regulator on Friday.
Erdogan added that natural gas prices for places of worship would fall 42.73%, also effective Jan. 1.
(Reporting by Orhan Coskun Writing by Huseyin Hayatsever Editing by Helen Popper)
(([email protected]
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