{"id":30386,"date":"2014-01-21T14:59:35","date_gmt":"2014-01-21T12:59:35","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=30386"},"modified":"2014-01-21T15:27:56","modified_gmt":"2014-01-21T13:27:56","slug":"merkez-bankasi-karari","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/merkez-bankasi-karari\/","title":{"rendered":"Merkez Bankas\u0131 Karar\u0131"},"content":{"rendered":"<p><strong><em>Merkez Bankas\u0131 Para Politikas\u0131 Toplant\u0131 \u00d6zeti<\/em><\/strong><\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3370134188\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"9580705384\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p>Para Politikas\u0131 Kurulu (Kurul), Merkez Bankas\u0131 b\u00fcnyesindeki Bankalararas\u0131 Para Piyasas\u0131 ve Borsa \u0130stanbul Repo\u2013Ters Repo Pazarlar\u0131nda uygulanmakta olan faiz oranlar\u0131 ile bir hafta vadeli repo ihale faiz oran\u0131n\u0131n a\u015fa\u011f\u0131daki gibi sabit tutulmas\u0131na karar vermi\u015ftir:<\/p>\n<p><b>a) Gecelik faiz oranlar\u0131:<\/b> Marjinal fonlama oran\u0131 y\u00fczde 7,75, a\u00e7\u0131k piyasa i\u015flemleri \u00e7er\u00e7evesinde piyasa yap\u0131c\u0131s\u0131 bankalara repo i\u015flemleri yoluyla tan\u0131nan bor\u00e7lanma imkan\u0131 faiz oran\u0131 y\u00fczde 6,75, Merkez Bankas\u0131 bor\u00e7lanma faiz oran\u0131 y\u00fczde 3,5,<\/p>\n<p><strong>b) Bir hafta vadeli repo ihale faiz oran\u0131 y\u00fczde 4,5,<\/strong><\/p>\n<p><b>c) Ge\u00e7 Likidite Penceresi faiz oranlar\u0131:<\/b> Ge\u00e7 Likidite Penceresi uygulamas\u0131 \u00e7er\u00e7evesinde, Bankalararas\u0131 Para Piyasas\u0131\u2019nda saat 16.00\u201317.00 aras\u0131 gecelik vadede uygulanan Merkez Bankas\u0131 bor\u00e7lanma faiz oran\u0131 y\u00fczde 0, bor\u00e7 verme faiz oran\u0131 y\u00fczde 10,25 d\u00fczeyinde sabit tutulmu\u015ftur.<\/p>\n<p>Y\u0131l\u0131n son \u00e7eyre\u011fine dair a\u00e7\u0131klanan veriler, yurt i\u00e7i nihai talebin ve ihracat\u0131n \u0131l\u0131ml\u0131 b\u00fcy\u00fcme e\u011filimlerini korudu\u011funu g\u00f6stermektedir. Temkinli para politikas\u0131 duru\u015funun, al\u0131nan makroihtiyati \u00f6nlemlerin ve zay\u0131f seyreden sermaye ak\u0131mlar\u0131n\u0131n etkisiyle kredi b\u00fcy\u00fcme h\u0131zlar\u0131 kademeli bir yava\u015flama e\u011filimine girmi\u015ftir. Bu do\u011frultuda, alt\u0131n ticareti hari\u00e7 tutuldu\u011funda cari i\u015flemler a\u00e7\u0131\u011f\u0131ndaki iyile\u015fme e\u011filiminin 2014 y\u0131l\u0131nda da devam edece\u011fi tahmin edilmektedir. Kurul son d\u00f6nemde risk priminde g\u00f6zlenen art\u0131\u015f\u0131n enflasyon g\u00f6r\u00fcn\u00fcm\u00fc ve beklentiler \u00fczerindeki yans\u0131malar\u0131n\u0131 dikkatle takip etmektedir. Yak\u0131n d\u00f6nemde yap\u0131lan vergi ayarlamalar\u0131na ve d\u00f6viz kuru hareketlerinin gecikmeli etkilerine ba\u011fl\u0131 olarak enflasyon g\u00f6stergelerinin bir s\u00fcre daha y\u00fczde 5 hedefinin belirgin olarak \u00fczerinde seyredece\u011fi tahmin edilmektedir. Kurul, enflasyon g\u00f6r\u00fcn\u00fcm\u00fcn\u00fc orta vadeli hedeflerle uyumlu hale getirmek amac\u0131yla likidite duru\u015funun s\u0131k\u0131la\u015ft\u0131r\u0131lmas\u0131 gerekti\u011fini belirtmi\u015ftir. Bu do\u011frultuda, ek parasal s\u0131k\u0131la\u015ft\u0131rma uygulanmas\u0131 gerekli g\u00f6r\u00fclen g\u00fcnlerde, bankalararas\u0131 piyasadaki faizlerin y\u00fczde 7,75 (marjinal fonlama oran\u0131) yerine y\u00fczde 9 civar\u0131nda olu\u015fmas\u0131n\u0131n sa\u011flanmas\u0131 kararla\u015ft\u0131r\u0131lm\u0131\u015ft\u0131r.<\/p>\n<p><b>Dolar\/TL kuru ve B\u0130ST-100 Endeksi:<\/b><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30387 alignnone\" alt=\"dolar-tl-21 ocak\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/01\/dolar-tl-21-ocak.png\" width=\"300\" height=\"215\" \/><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-30387 alignnone\" style=\"line-height: 1.5em; text-align: center;\" alt=\"dolar-tl-21 ocak\" src=\"http:\/\/www.bilgeyatirimci.com\/wp-content\/uploads\/2014\/01\/dolar-tl-21-ocak.png\" width=\"300\" height=\"215\" \/><\/p>\n<p><span style=\"line-height: 1.5em;\">Borsa ve Dolar\/TL kuru MB karar\u0131 sonras\u0131nda grafikteki hareketleri yapt\u0131lar. Her iki piyasa da TCMB faiz karar\u0131 sonras\u0131nda denge bulmaya \u00e7al\u0131\u015f\u0131yor. Daha \u00f6nceki yorumlarda da belirti\u011fim \u00fczere karar sonras\u0131nda borsada yukar\u0131 hareketvar ve d\u00f6viz kurlar\u0131 gev\u015fiyor. \u00a0TCMB, %7.5 olan bor\u00e7 verme faizinin, ek parasal s\u0131k\u0131la\u015ft\u0131rma g\u00fcnlerinde %9 olarak uygulanacak oldu\u011funu a\u00e7\u0131klayarak, \u00f6rt\u00fcl\u00fc bir faiz art\u0131r\u0131m\u0131na gitmi\u015f olup, likiditeyi ek parasal s\u0131k\u0131la\u015ft\u0131rma g\u00fcnlerinde k\u0131smay\u0131 hedefliyor. \u00a0Bunun piyasalar \u00fczerindeki etkisi k\u0131sa vadede olumlu ama orta vadede \u00e7ok olumsuz olabilir. E\u011fer dolar\/TL kuru ve di\u011fer krular \u00a0birka\u00e7 g\u00fcn i\u00e7erisinde en az y\u00fczde 2-3 geri \u00e7ekilmezse gev\u015femezse, d\u00f6viz kurlar\u0131nda \u00f6n\u00fcm\u00fczdeki g\u00fcnlerde daha sert yukar\u0131 hareketler g\u00f6rebiliriz. Borsa a\u00e7\u0131s\u0131ndan bak\u0131ld\u0131\u011f\u0131nda ise, k\u0131sa vadeli bir y\u00fckseli\u015f trendi olu\u015fsa da piyasa y\u00fckseli\u015fleri sat\u0131\u015f f\u0131rsat\u0131 olarak kullanabilir. Orta vadeli g\u00f6r\u00fcn\u00fcm hala k\u0131r\u0131lgan kalmaya devam edebilir. \u015eu an g\u00f6rd\u00fcklerimiz yan\u0131lt\u0131c\u0131 olabilir.<\/span><\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-438829745\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"3167340272\"\r\n     data-ad-format=\"rectangle\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Merkez Bankas\u0131 Para Politikas\u0131 Toplant\u0131 \u00d6zeti Para Politikas\u0131 Kurulu (Kurul), Merkez Bankas\u0131 b\u00fcnyesindeki Bankalararas\u0131 Para Piyasas\u0131 ve Borsa \u0130stanbul Repo\u2013Ters Repo Pazarlar\u0131nda uygulanmakta olan faiz&hellip;<\/p>\n","protected":false},"author":102,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[752,753,946,715],"class_list":["post-30386","post","type-post","status-publish","format-standard","hentry","category-tumyazilar","tag-dolar-tl-yorumu","tag-dolar-yorumlari","tag-merkez-bankasi-karari","tag-yasar-erdinc-yazilari"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/30386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=30386"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/30386\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=30386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=30386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=30386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}