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Why not strengthen the inflation targeting regime taking into consideration the current circumstances rather than abandoning it? Table 1 shows the...

The approaches and debates regarding the unfortunate Uludere incident are quite educational. Data provided by unmanned aerial vehicles (UAVs) and...

The negative forecast for Italy has played a major role in the emergence of the opinion that the Eurozone might break up. The first banknotes of the...

Back then, the CBT met several times with the Banking Regulation and Supervision Agency (BRSA) to call it for supporting monetary policy. In this...

If you cannot plan your position ahead of time, you open yourself up to the random forces of the table. That appears to be the case for Turkey...

Which policy does the rate which the CBT calls the “policy rate” refer to? What is the goal of that alleged policy? There exists a huge uncertainty...

2012 will be a year to hoard cash rather than to spend or invest. It will be about staying solvent. Since the beginning of the 2008 crisis, Europe’s...

That consensus is difficult does not necessarily mean that it is impossible. Now, the job is more troublesome since the divisions are more deeply...

The U.S. has withdrawn its troops from Iraq. While the last units were leaving Iraq, an important agreement was being signed in the Kurdish...

Why did the CBT choose to cut the rate at fist and double almost double the rate and initiate FX selling auctions two months later? On Tuesday I...