{"id":3898,"date":"2011-08-08T15:04:02","date_gmt":"2011-08-08T12:04:02","guid":{"rendered":"http:\/\/www.bilgeyatirimci.com\/?p=3898"},"modified":"2011-08-08T15:04:02","modified_gmt":"2011-08-08T12:04:02","slug":"merkez-nicin-acil-onlem-aldi","status":"publish","type":"post","link":"https:\/\/www.bilgeyatirimci.com\/i\/merkez-nicin-acil-onlem-aldi\/","title":{"rendered":"Merkez, Ni\u00e7in Acil \u00d6nlem Ald\u0131?"},"content":{"rendered":"<p>Likidite darl\u0131\u011f\u0131 m\u0131 ya\u015fanacakt\u0131? \u0130\u015fte Para Politikas\u0131 Kurulu&#8217;nun toplant\u0131 \u00f6zeti.<\/p><div class=\"bilge-yaziust\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-3546628766\"><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>Merkez Bankas\u0131\u00a0Para Politikas\u0131 Kurulu&#8217;nun 4 A\u011fustos&#8217;ta ger\u00e7ekle\u015ftirdi\u011fi ve \u00f6nemli kararlar\u0131n al\u0131nd\u0131\u011f\u0131 &#8221;ara toplant\u0131ya&#8221; ili\u015fkin yay\u0131mlanan toplant\u0131 \u00f6zetinde, &#8221;\u00f6nlemlerin amac\u0131n\u0131n, k\u00fcresel ekonomiden kaynaklanabilecek olas\u0131 bir finansal \u00e7alkant\u0131 durumunda piyasaya ihtiyac\u0131 olan likiditenin zaman\u0131nda, kontroll\u00fc ve etkili bir \u015fekilde sa\u011flanabilmesi i\u00e7in gerekli altyap\u0131y\u0131 haz\u0131rlamak&#8221; oldu\u011fu belirtildi.<\/p>\n<p>Toplant\u0131 \u00f6zetine g\u00f6re, Kurul, toplant\u0131da son d\u00f6nem geli\u015fmelerini de\u011ferlendirerek, 21 Temmuz 2011 tarihli toplant\u0131da ele al\u0131nan ve Enflasyon Raporunda \u00f6zet olarak yer alan risk senaryolar\u0131n\u0131 g\u00f6zden ge\u00e7irdi.<\/p>\n<p>Kurul \u00fcyeleri, baz\u0131 Avrupa \u00fclkelerindeki kamu borcu sorununa ve k\u00fcresel b\u00fcy\u00fcmeye ili\u015fkin endi\u015felerin giderek derinle\u015fti\u011fini ve Temmuz 2011 Kurul toplant\u0131s\u0131nda dikkat \u00e7ekilen risklerin belirginle\u015fti\u011fini tespit etti.<\/p>\n<p>\u00d6zellikle, Avro b\u00f6lgesi \u00e7evre \u00fclkelerinde s\u00fcregelen kamu borcu sorunlar\u0131n\u0131n baz\u0131 merkez \u00fclkelere de yans\u0131mas\u0131 ve bunun sonucu olarak \u0130spanya ve \u0130talya gibi \u00fclkelerin kamu bor\u00e7lanma maliyetlerinin yak\u0131n tarihin en y\u00fcksek d\u00fczeylerine eri\u015fmesi, k\u00fcresel ekonomiye dair belirsizlikleri h\u0131zl\u0131 bir \u015fekilde art\u0131rd\u0131. Bunun yan\u0131 s\u0131ra, yak\u0131n d\u00f6nemde k\u00fcresel iktisadi faaliyete ili\u015fkin verilerin giderek k\u00f6t\u00fcle\u015fmesi ve beklentilerin belirgin olarak alt\u0131nda kalmas\u0131 da risk i\u015ftah\u0131ndaki bozulmay\u0131 h\u0131zland\u0131rd\u0131.<\/p>\n<p><strong>&#8221;KARARIN ZAMANLAMASI \u00d6NEML\u0130&#8221;<\/strong><br \/>\nBu do\u011frultuda Kurul,\u00a0Merkez Bankas\u0131n\u0131n, k\u00fcresel ekonomiye dair s\u00fcregelen sorunlar\u0131n yurt i\u00e7i piyasalar \u00fczerinde olu\u015fturabilece\u011fi olumsuz etkileri s\u0131n\u0131rlamak amac\u0131yla haz\u0131rlamakta oldu\u011fu kapsaml\u0131 tedbir paketini uygulamaya koymas\u0131n\u0131n yerinde olaca\u011f\u0131na karar verdi. Para politikas\u0131 kararlar\u0131n\u0131n iktisadi faaliyet \u00fczerindeki etkilerinin belli bir d\u00f6nem sonra gecikmeli olarak ortaya \u00e7\u0131kaca\u011f\u0131n\u0131 hat\u0131rlatan Kurul \u00fcyeleri, karar\u0131n zamanlamas\u0131n\u0131n \u00f6nemli oldu\u011funa vurgu yapt\u0131.<\/p>\n<p><strong>P\u0130YASALARA Y\u00d6NEL\u0130K \u00d6NLEMLER<\/strong><br \/>\nToplant\u0131 \u00f6zetinde, risk i\u015ftah\u0131n\u0131n daha da bozulmas\u0131 halinde dengeleyici likidite tedbirlerinin etkili bir \u015fekilde devreye sokulabilmesini teminen T\u00fcrk liras\u0131 ve d\u00f6viz piyasalar\u0131na y\u00f6nelik baz\u0131 d\u00fczenlemeler yap\u0131ld\u0131\u011f\u0131 belirtilerek, al\u0131nan \u00f6nlemlere ili\u015fkin \u015funlar kaydedildi:<\/p>\n<p>&#8221;Piyasaya sa\u011flanan T\u00fcrk liras\u0131 likiditenin h\u0131zla art\u0131r\u0131lmas\u0131 ihtiyac\u0131n\u0131n ortaya \u00e7\u0131kmas\u0131 halinde k\u0131sa vadeli faizlerde olu\u015fabilecek a\u015fa\u011f\u0131 y\u00f6nl\u00fc oynakl\u0131\u011f\u0131 azaltmak amac\u0131yla gecelik bor\u00e7lanma faizi 350 baz puan y\u00fckseltilerek faiz koridoru daralt\u0131lm\u0131\u015ft\u0131r.<\/p><div class=\"bilge-content-1\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1463967360\"><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<p>T\u00fcrk liras\u0131 piyasalar\u0131ndaki likidite y\u00f6netiminin etkinli\u011fini art\u0131rmak ve\u00a0Merkez Bankas\u0131nca sa\u011flanan likiditenin sistem i\u00e7inde daha dengeli da\u011f\u0131lmas\u0131na katk\u0131da bulunmak amac\u0131yla teknik bir d\u00fczenleme yap\u0131lmas\u0131 uygun g\u00f6r\u00fclm\u00fc\u015ft\u00fcr. Bu do\u011frultuda, haftal\u0131k repo ihalelerine kat\u0131lan her bir kurulu\u015fun verebilece\u011fi toplam teklif tutar\u0131n\u0131n, ilan edilen ihale tutar\u0131n\u0131n en fazla y\u00fczde 20&#8217;si ile s\u0131n\u0131rland\u0131r\u0131lmas\u0131n\u0131n uygun olaca\u011f\u0131 konusunda g\u00f6r\u00fc\u015f birli\u011fine var\u0131lm\u0131\u015ft\u0131r.<\/p>\n<p>Repo faiz oranlar\u0131ndaki dalgalanmalar\u0131n azalt\u0131lmas\u0131na katk\u0131da bulunmak amac\u0131yla zorunlu kar\u015f\u0131l\u0131klar\u0131n tesis ko\u015fullar\u0131nda bir de\u011fi\u015fikli\u011fe gidilmesi kararla\u015ft\u0131r\u0131lm\u0131\u015ft\u0131r. Bu kapsamda, zorunlu kar\u015f\u0131l\u0131\u011fa tabi olacak repo y\u00fck\u00fcml\u00fcl\u00fcklerin, 14 g\u00fcnde bir cuma g\u00fcnleri yerine, iki y\u00fck\u00fcml\u00fcl\u00fck d\u00f6nemi aras\u0131ndaki t\u00fcm g\u00fcnlerin ortalamas\u0131 al\u0131nmak suretiyle hesaplanmas\u0131 uygun g\u00f6r\u00fclm\u00fc\u015ft\u00fcr.&#8221;<\/p>\n<p>Kurul, d\u0131\u015f piyasalardaki geli\u015fmelerin yak\u0131ndan izlenmesi ve gerek duyulmas\u0131 halinde uygun g\u00f6r\u00fclecek ara\u00e7 ve y\u00f6ntemlerle piyasaya d\u00f6viz likiditesi sa\u011flanmas\u0131 konusunda da mutab\u0131k kald\u0131. Bu do\u011frultuda, 5 A\u011fustos 2011 tarihinden itibaren gerek g\u00f6r\u00fcld\u00fc\u011f\u00fc g\u00fcnlerde d\u00f6viz sat\u0131m ihaleleri yoluyla piyasaya d\u00f6viz likiditesi sa\u011flanmas\u0131 uygun g\u00f6r\u00fcld\u00fc.<\/p>\n<p>Ayn\u0131 strateji \u00e7er\u00e7evesinde, gerekli g\u00f6r\u00fcld\u00fc\u011f\u00fc takdirde yabanc\u0131 para y\u00fck\u00fcml\u00fcl\u00fckler \u00fczerinden al\u0131nan zorunlu kar\u015f\u0131l\u0131k oranlar\u0131n\u0131n azalt\u0131lmas\u0131 uygun bulundu.<\/p><div class=\"bilge-content-2\" style=\"margin-top: 10px;margin-bottom: 10px;\" id=\"bilge-1815852741\"><ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-7495567325667578\"\r\n     data-ad-slot=\"1818807385\"\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><strong>HAFTALIK D\u00d6V\u0130Z DEPOLARI FA\u0130Z ORANLARINDA \u00d6L\u00c7\u00dcL\u00dc B\u0130R \u0130ND\u0130R\u0130ME G\u0130D\u0130LEB\u0130L\u0130R<\/strong><br \/>\nBankalar\u0131n kendilerine tan\u0131nan bor\u00e7lanma limitleri \u00e7er\u00e7evesinde\u00a0Merkez Bankas\u0131, D\u00f6viz ve Efektif Piyasalar\u0131 D\u00f6viz Depo Piyasas\u0131ndan alabilecekleri bir haftal\u0131k d\u00f6viz depolar\u0131nda halen ABD dolar\u0131 i\u00e7in y\u00fczde 5,5, avro i\u00e7in y\u00fczde 6,5 d\u00fczeyinde bulunan faiz oranlar\u0131nda \u00f6l\u00e7\u00fcl\u00fc bir indirime gidilebilece\u011fi konusunda mutab\u0131k kal\u0131nd\u0131.<\/p>\n<p>Toplant\u0131 \u00f6zetinde, &#8221;B\u00fct\u00fcn bu \u00f6nlemlerin amac\u0131, k\u00fcresel ekonomiden kaynaklanabilecek olas\u0131 bir finansal \u00e7alkant\u0131 durumunda, piyasaya ihtiyac\u0131 olan likiditenin zaman\u0131nda, kontroll\u00fc ve etkili bir \u015fekilde sa\u011flanabilmesi i\u00e7in gerekli altyap\u0131y\u0131 haz\u0131rlamakt\u0131r&#8221; ifadesine yer verildi.<\/p>\n<p><strong>&#8221;CAR\u0130 DENGEDE, AYLIK BAZDA \u0130ST\u0130KRARLI \u0130Y\u0130LE\u015eME E\u011e\u0130L\u0130M\u0130 BEKLEN\u0130YOR&#8221;<\/strong><br \/>\nBir \u00f6nceki Kurul toplant\u0131s\u0131nda, mevcut durumun bir risk senaryosu olarak enflasyon ve\u00a0cari a\u00e7\u0131k\u00fczerindeki etkilerinin detayl\u0131 bir \u015fekilde ele al\u0131nd\u0131\u011f\u0131 ve planlanan politika tedbirleri ile hem fiyat istikrar\u0131na hem finansal istikrara y\u00f6nelik risklerin en aza indirilece\u011fi konusunda mutab\u0131k kal\u0131nd\u0131\u011f\u0131 hat\u0131rlat\u0131lan toplant\u0131 \u00f6zetinde, Kurul&#8217;un, al\u0131nan tedbirler sonucunda hem kredilerin hem de i\u00e7 talebin b\u00fcy\u00fcme h\u0131zlar\u0131nda ama\u00e7lanan d\u00fczeyde bir yava\u015flama oldu\u011funu ifade etti\u011fi aktar\u0131ld\u0131. \u00d6zette, &#8221;Bu \u00e7er\u00e7evede, cari dengenin ayl\u0131k bazda istikrarl\u0131 bir iyile\u015fme e\u011filimine girmesi beklenmektedir&#8221; de\u011ferlendirmesi yer ald\u0131.<\/p>\n<p>Son g\u00fcnlerde gerek k\u00fcresel iktisadi faaliyete dair a\u00e7\u0131klanan verilerin giderek zay\u0131flayan bir g\u00f6r\u00fcn\u00fcme i\u015faret etmesi gerekse Avrupa&#8217;da kamu borcunun s\u00fcrd\u00fcr\u00fclebilirli\u011fine ili\u015fkin kayg\u0131lar\u0131n h\u0131zla artmas\u0131n\u0131n, k\u00fcresel ekonomide yeni bir yava\u015flama riskini art\u0131rd\u0131\u011f\u0131 belirtilen toplant\u0131 \u00f6zetinde, \u015funlar kaydedildi:<\/p>\n<p>&#8221;Kurul \u00fcyeleri, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde \u00f6zellikle \u0130talya ve \u0130spanya gibi ana ticaret ortaklar\u0131m\u0131z\u0131n b\u00fcy\u00fcme g\u00f6r\u00fcn\u00fcm\u00fcndeki bozulman\u0131n d\u0131\u015f talebi olumsuz etkileyebilece\u011fini, i\u00e7 talepte ise artan k\u00fcresel belirsizlik nedeniyle yava\u015flaman\u0131n devam edebilece\u011fini d\u00fc\u015f\u00fcnmektedir. Dolay\u0131s\u0131yla, \u00f6n\u00fcm\u00fczdeki d\u00f6nemde iktisadi faaliyetin h\u0131z\u0131nda bir s\u00fcredir g\u00f6zlenen yava\u015flaman\u0131n devam edece\u011fi tahmin edilmektedir.<\/p>\n<p>Bu de\u011ferlendirmeler do\u011frultusunda Kurul, Enflasyon Raporunda yer alan k\u00fcresel ekonomiye dair a\u015fa\u011f\u0131 y\u00f6nl\u00fc risk senaryosunun ger\u00e7ekle\u015fme olas\u0131l\u0131\u011f\u0131n\u0131n artt\u0131\u011f\u0131n\u0131 belirtmi\u015f, bu nedenle politika faizinde bir miktar indirim yap\u0131lmas\u0131 ve bankac\u0131l\u0131k sistemimize gereken likidite deste\u011finin sa\u011flanmas\u0131 gerekti\u011fi konusunda mutab\u0131k kalm\u0131\u015ft\u0131r.<\/p>\n<p>Kurul, al\u0131nan bu \u00f6nlemlerle ekonomimiz \u00fczerindeki a\u015fa\u011f\u0131 y\u00f6nl\u00fc risklerin \u00f6nemli \u00f6l\u00e7\u00fcde dengelenmi\u015f oldu\u011funu, bununla birlikte k\u00fcresel ekonominin i\u00e7inde bulundu\u011fu \u015fartlar dikkate al\u0131nd\u0131\u011f\u0131nda her t\u00fcrl\u00fc geli\u015fmenin yak\u0131ndan izlenmesinin ve gerekli politika tepkilerinin gecikmeksizin verilmesinin \u00f6nemli oldu\u011funu vurgulam\u0131\u015ft\u0131r.&#8221;<\/p>\n<p>kaynak<\/p>\n<p><a href=\"http:\/\/ekonomi.haberturk.com\/\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener\">http:\/\/ekonomi.haberturk.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Likidite darl\u0131\u011f\u0131 m\u0131 ya\u015fanacakt\u0131? \u0130\u015fte Para Politikas\u0131 Kurulu&#8217;nun toplant\u0131 \u00f6zeti. Merkez Bankas\u0131\u00a0Para Politikas\u0131 Kurulu&#8217;nun 4 A\u011fustos&#8217;ta ger\u00e7ekle\u015ftirdi\u011fi ve \u00f6nemli kararlar\u0131n al\u0131nd\u0131\u011f\u0131 &#8221;ara toplant\u0131ya&#8221; ili\u015fkin yay\u0131mlanan&hellip;<\/p>\n","protected":false},"author":2,"featured_media":3899,"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":[],"class_list":["post-3898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tumyazilar"],"_links":{"self":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/3898","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/comments?post=3898"}],"version-history":[{"count":0,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/posts\/3898\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media\/3899"}],"wp:attachment":[{"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/media?parent=3898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/categories?post=3898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bilgeyatirimci.com\/wp-json\/wp\/v2\/tags?post=3898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}