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Karahan says fund outflows moved to deposits as rent rises slowed

Photo: Ekonomim

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

Türkiye's central bank (TCMB) Chair Fatih Karahan told Turkish parliament's Planning and Budget Commission that most outflows from funds had moved into deposits and that rent increases had slowed.

Karahan said disinflation continued although it had lost momentum. He said he expected disinflation to regain pace on tight monetary policy as the impact of shocks faded.

Karahan says fund outflows moved to deposits as rent rises slowed

Sources 15 sources

Fund Investigation News Series

Where it began Tera Portföy declares default in two funds, payment periods extended in six funds

  1. İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
  2. Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
  3. 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
  4. YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
  5. Karahan says fund outflows moved to deposits as rent rises slowed Türkiye's central bank (TCMB) Chair Fatih Karahan told Turkish parliament's Planning and Budget Commission that most outflows from funds had moved into deposits and that rent increases had slowed.
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