Economy
Turkish central bank’s foreign currency borrowing at record; lira declines
May 28, 2020
Turkish central bank’s foreign currency borrowing at record; lira declines
The Turkish central bank has increased its foreign currency borrowing from local banks to a record $35.5 billion in April.…
Turkey sees 55 pct year-on-year drop in housing sales in April
May 15, 2020
Turkey sees 55 pct year-on-year drop in housing sales in April
Housing sales in Turkey declined 55.5 percent in April compared to the same month last year, the Diken news website…
Turkey posts second-largest budget deficit on record as spending surges
May 15, 2020
Turkey posts second-largest budget deficit on record as spending surges
Turkey reported its second-largest budget deficit on record in April as government spending surged in response to the COVID-19 outbreak,…
Turkey’s inflation rises to 12.15 percent in January: report
February 3, 2020
Turkey’s inflation rises to 12.15 percent in January: report
Turkey’s consumer price inflation rose a bit more than expected to 12.15 percent year-on-year in January, the Turkish Statistical Institute…
Purge-victim doctor denied checking account by a Turkish bank
January 10, 2020
Purge-victim doctor denied checking account by a Turkish bank
Garanti BBVA, a financial services company based in Turkey, refused to open a checking account to a purge-victim medical doctor…
Oleksiy Honcharuk: Ukraine and the IMF agree on a new support program
December 8, 2019
Oleksiy Honcharuk: Ukraine and the IMF agree on a new support program
Today during a phone conversation, President of Ukraine Volodymyr Zelensky and Managing Director of the International Monetary Fund Kristalina Georgieva…
Turkey records higher-than-expected $2.48 bln current account surplus in September
November 12, 2019
Turkey records higher-than-expected $2.48 bln current account surplus in September
Turkey’s current account recorded a higher-than-expected surplus of $2.48 billion in September, data from the central bank showed on Tuesday,…
Turkey’s inflation rate eases to 8.55 pct in October
November 5, 2019
Turkey’s inflation rate eases to 8.55 pct in October
Turkey saw a drop to 8.55 percent in the inflation rate in October year-on-year, official figures showed on Monday, the…
Turkish lira leads emerging market currencies lower
August 12, 2019
Turkish lira leads emerging market currencies lower
Turkey’s lira fell, leading a decline in major emerging market currencies, as investors sold the assets on concern for the…
The agreement on the development of business cooperation between the two countries has been signed in Istanbul during the official visit of the President of Ukraine to Turkey
August 8, 2019
The agreement on the development of business cooperation between the two countries has been signed in Istanbul during the official visit of the President of Ukraine to Turkey
In the presence of President of Ukraine Volodymyr Zelenskyy, the agreement on cooperation within the activity of the bilateral Business…