Barış Balcı
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barisbalci.bsky.social
Barış Balcı
@barisbalci.bsky.social
230 followers 130 following 11 posts
Bloomberg News, Editor, Local Language. Opinions are my own. Retweets are not endorsement.
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barisbalci.bsky.social
Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage them from seeking cheap lira from offshore markets.

www.bloomberg.com/news/article...
Turkish Central Bank Tightens Screws on Cheap Lira Window Abroad
Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage local banks from seeking cheap lira from offshore markets.
www.bloomberg.com
May 24, 2025 at 3:54 PM
barisbalci.bsky.social
Turkey’s central bank kept its year-end inflation forecast unchanged, signaling that its recent move to a tighter monetary stance will continue.

www.bloomberg.com/news/article...
Turkish Central Bank Keeps Year-End Inflation Forecast Unchanged
Turkey’s central bank kept its year-end inflation forecast unchanged, signaling that its recent move to a tighter monetary stance will continue.
www.bloomberg.com
May 22, 2025 at 11:39 AM
barisbalci.bsky.social
A deceleration in Turkey’s inflation slowed in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu. www.bloomberg.com/news/article...
Deceleration in Turkey’s Inflation Slows After Market Selloff
A deceleration in Turkey’s inflation slowed in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu.
www.bloomberg.com
May 5, 2025 at 8:00 AM
barisbalci.bsky.social
Turkey’s opposition leader Ozgur Ozel on Sunday challenged President Recep Tayyip Erdogan to say whether he received approval from the Trump administration for the recent arrest of Erdogan’s main rival Ekrem Imamoglu

www.bloomberg.com/news/article...
Turkish Opposition Asks Erdogan If US Approved Rival’s Arrest
Turkey’s opposition leader Ozgur Ozel on Sunday challenged President Recep Tayyip Erdogan to say whether he received approval from the Trump administration for the recent arrest of Erdogan’s main riva...
www.bloomberg.com
April 6, 2025 at 4:57 PM
Reposted by Barış Balcı
taylanbilgic.bsky.social
www.bloomberg.com/news/article...
Turkey’s ‘Concrete Jungle’ Resort Sparks Local Backlash
The country has made construction a pillar of economic planning, but local opposition is stalling a tourist development on parkland.
www.bloomberg.com
February 28, 2025 at 10:11 AM
barisbalci.bsky.social
Turkey emerged from a technical recession in the fourth quarter, bolstering investors’ hopes for stronger growth this year, aided by interest-rate cuts.
www.bloomberg.com/news/article...
Turkey Rebounds from Recession at the Onset of Rate-Cut Cycle
Turkey emerged from a technical recession in the fourth quarter, bolstering investors’ hopes for stronger growth this year, aided by interest-rate cuts.
www.bloomberg.com
February 28, 2025 at 7:44 AM
barisbalci.bsky.social
Kurdish separatist group leader Abdullah Ocalan called on his militants to lay down arms and work toward ending a 40-year war for autonomy against Turkey.

www.bloomberg.com/news/article...
Jailed Kurd Chief Makes Historic Call to End War With Turkey
Kurdish separatist group leader Abdullah Ocalan called on his militants to lay down arms and work toward ending a 40-year war for autonomy against Turkey.
www.bloomberg.com
February 28, 2025 at 7:42 AM
barisbalci.bsky.social
Turkey Raises Minimum Wage by 30%, Boosting Rate Cut Chances

www.bloomberg.com/news/article...
Turkey Raises Minimum Wage 30% For Next Year
Turkey raised the minimum wage by 30% for 2025, providing a relief to investors looking for concrete steps to dial back populist policies and commit to curbing one of the world’s highest inflation rat...
www.bloomberg.com
December 24, 2024 at 6:43 PM
barisbalci.bsky.social
While the November headline inflation reading surprised to the upside, the main driver was food prices, which are less responsive to monetary policy. Core inflation trends showed a further slowdown, potentially helping the case for a measured rate cut.

www.bloomberg.com/news/article...
Turkish Prices Rising Faster Than Expected Clouds Rates Outlook
Turkish consumer prices rose more than expected last month, suggesting the central bank will start cutting interest rates at a slower pace than anticipated.
www.bloomberg.com
December 3, 2024 at 12:54 PM
barisbalci.bsky.social
Turkey’s consumer inflation probably fell to 46.6% in November from 48.6% the previous month, according to the median estimate of analysts surveyed by Bloomberg.

www.bloomberg.com/news/article...
Interest-Rate Cut Bets Mount With Turkey’s Slowing Inflation
Turkey’s consumer prices are increasing at a slower pace, boosting expectations that the central bank might begin cutting interest rates as early as this month.
www.bloomberg.com
December 2, 2024 at 12:03 PM
barisbalci.bsky.social
 Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month.

www.bloomberg.com/news/article...
Turkey’s Economy Slides Into Recession as High Rates Take Toll
Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month...
www.bloomberg.com
November 29, 2024 at 9:41 AM
barisbalci.bsky.social
Turkey’s economy probably contracted on a quarterly basis for the first time since the Covid-19 pandemic as high interest rates start to bite.

www.bloomberg.com/news/article...
Turkey’s Economy Set to Contract For First Time Since Pandemic
Turkey’s economy probably contracted on a quarterly basis for the first time since the Covid-19 pandemic as high interest rates start to bite.
www.bloomberg.com
November 28, 2024 at 1:02 PM