Goldman Sachs' Analysis of Türkiye: Financial Conditions Are Easing - Dünya Newspaper
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Goldman Sachs stated that despite the Central Bank of Turkey (TCMB) keeping its policy interest rate unchanged, financial conditions in Türkiye continue to ease.
In its analysis, Goldman Sachs reported that despite the Central Bank of Turkey's (TCMB) decision to keep interest rates stable, financial conditions in Türkiye continued to ease due to excess liquidity and repo auctions.
Goldman Sachs stated that despite the Central Bank of Turkey (TCMB) keeping its policy interest rate unchanged, financial conditions in Türkiye continue to ease. The bank pointed to the decrease in funding costs and the excess liquidity in the banking system, which were attributed to the one-week repo auctions that resumed at the end of August.
Goldman Sachs strategists noted that financial conditions in Turkey have eased since the end of August, when the central bank resumed providing funds to banks through one-week repo auctions.
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