Commerzbank Sees CBRT Holding 37.0% Repo Rate, Flags Liquidity Tools

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Commerzbank's Tatha Ghose expects the Central Bank of the Republic of Türkiye to keep the one-week repo rate at 37.0%, but stresses that effective monetary conditions depend on liquidity tools. The call centers on the CBRT's liquidity stance as the key driver for the Turkish lira, with the headline policy rate held steady at 37.0%. Ghose's view implies that the central bank's use of liquidity instruments, rather than the repo rate alone, will shape actual monetary conditions for the currency.

Impact on stocks 1

Financials · 1 stocks
Commerzbank AG
CBK
± MixedCapitalrelevance

Commerzbank analyst Tatha Ghose's CBRT rate call is cited; no direct impact on the bank itself