Central Bank Governor Karahan's Presentation to the Turkish Grand National Assembly Was Marked by Discussions About the 'Funding scandal'... Strong Reaction From the Opposition: 'Türkiye Is in Turmoil, the Biggest Scam Ever!'
11 Articles
11 Articles
Central Bank (CMB) President Fatih Karahan's inflation presentation at the TBMM Plan and Budget Commission was marked by the controversy over the fund scandal that has rocked the markets for days. The opposition demanded that the heads of the SPK and BDDK, as well as the Minister of Treasury and Finance Mehmet Simsek come to the Parliament and provide information to the public.
The inflation presentation by Central Bank Governor Fatih Karahan at the Parliament's Planning and Budget Committee was dominated by discussions surrounding the "funding scandal" raised by the opposition. The opposition demanded that the Capital Markets Board (SPK), the Banking Regulation and Supervision Agency (BDDK), and the Minister of Treasury and Finance, Mehmet Şimşek, appear before Parliament to account for the alleged embezzlement affect…
Turkish Central Bank (TCMB) Governor Fatih Karahan stated that the share of Turkish Lira deposits has risen above 61 percent, indicating that resources withdrawn from money markets and similar funds have largely shifted towards deposits in recent times. The Grand National Assembly's Planning and Budget Committee met under the chairmanship of AK Party Samsun Deputy Mehmet Muş. TCMB Governor Fatih Karahan gave a presentation to the deputies at the…
Turkish Central Bank Governor Fatih Karahan gave a presentation to members of parliament at the Grand National Assembly's Planning and Budget Committee. Karahan also explained where the money withdrawn from the funds was directed.
During his presentation to the Parliament's Planning and Budget Committee, Central Bank Governor Fatih Karahan provided information about outflows from funds. Karahan explained that the outflows from funds were largely directed towards deposits.
Central Bank Governor Fatih Karahan stated that recent outflows from money markets and similar funds have largely shifted towards deposits. He also drew attention to the deterioration in inflation expectations, conveying the message, "We need to maintain our cautious stance."
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