Economy

Turkey records higher-than-expected $2.48 bln current account surplus in September

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

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

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…
President invited Turkish business to cooperate: You invest in Ukraine, I protect your investments

President invited Turkish business to cooperate: You invest in Ukraine, I protect your investments

In the framework of the official visit to Turkey, President of Ukraine Volodymyr Zelenskyy took part in the Ukraine-Turkey business…
Moody’s downgrades Turkey rating to B1, ministry challenges move

Moody’s downgrades Turkey rating to B1, ministry challenges move

Moody’s cut Turkey’s sovereign credit rating deeper into “junk” territory on Friday, saying the risk of a balance of payments…
Overview of the USA’s Huawei decisions from Ukraine

Overview of the USA’s Huawei decisions from Ukraine

The trade ban is part of a wider battle between the US and Huawei.Washington has moved to block the Chinese…
Turkish economy deteriorated due to ruling party’s Istanbul election hustle – main opposition

Turkish economy deteriorated due to ruling party’s Istanbul election hustle – main opposition

Turkey’s main opposition party spokesman on Saturday said the economy was damaged critically in the period between the ruling party’s…
Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast: poll

Turkish economy shrank 2.7 percent in Q4, 2018 growth below forecast: poll

Turkey’s economy shrank 2.7 percent in the fourth quarter of 2018, dragging full-year growth down to a below-forecast 2.55 percent,…
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