Baku 6° C
Turkish Central Bank updates forecast for 2017
Finance
- 14 March, 2017
- 07:32
Baku. 14 March. REPORT.AZ/ Central Bank of Turkey (TCMB) unveiled March report including economic forecast for 2017.
Report informs referring to Bloomberg, according to document, US dollar exchange rate will be at 3.8495 TRY/USD by the end of year.
Notably, this indicator was 3.8807 TRY/USD in February report.
The bank increased its inflation expectation from 8.87% to 9.08%.
According to the report, economic growth rate for 2017 has been kept unchanged - 2.9%.
Author
Latest News
21:02
George Washington University hosts fair on Azerbaijan's history and culture
Foreign policy21:02
Pezeshkian: Yerevan-Baku Peace agreement will strengthen regional security
Foreign policy20:51
Barcelona may activate purchase option for Marcus Rashford
Football20:41
Zelenskyy, EU leaders discuss curbing Russian tankers
Other countries20:27
Armenia seeks EU support to combat Russian interference in parliamentary elections
Region20:17
WP: Over 150 US aircraft sweep into Europe, Middle East
Other countries20:06
FM: Georgia firmly supports territorial integrity of Ukraine
Region19:53
Real Madrid eye potential move for Tottenham's Van de Ven
Football19:35