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Turkish inflation dips below expectations in July, currency firms: report

Turkish inflation dips below expectations in July, currency firms: report

Turkey’s consumer price inflation fell to a lower-than-expected 11.76 percent year-on-year in July, official data showed on Tuesday, reversing two…
Turkey’s lira nears record low against euro amid concerns over EU sanctions

Turkey’s lira nears record low against euro amid concerns over EU sanctions

Turkey’s lira approached a record low against the euro on Monday, driven by state interventions that have tied it to…
Turkish parliament allows Erdoğan to extend layoff ban until July 2021: report

Turkish parliament allows Erdoğan to extend layoff ban until July 2021: report

Turkey’s parliament on Thursday approved a law allowing President Recep Tayyip Erdoğan to extend a layoff ban imposed to combat…
Global index provider warns Turkey could be demoted to ‘frontier market’ status: report

Global index provider warns Turkey could be demoted to ‘frontier market’ status: report

Turkey could be demoted to the status of “frontier” market by one of the world’s most important index providers, after…
Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry

Turkey’s central gov’t debt jumped 34 percent year-on-year in May: ministry

Turkey’s central government debt totaled 1.63 trillion lira ($238 billion) at the end of May, up 34 percent year-on-year, the…
Turkish companies start using yuan funding after Chinese swap deal: report

Turkish companies start using yuan funding after Chinese swap deal: report

Turkey’s central bank said Turkish companies last week used Chinese yuan funding for the first time under a swap agreement…
Turkey’s troubled tourism sector faces critical week as borders reopen: report

Turkey’s troubled tourism sector faces critical week as borders reopen: report

Turkey’s Mediterranean coasts and historic attractions face a critical week as the government presses to open borders and salvage at…
Turkey’s consumer confidence stays in pessimistic territory in June: report

Turkey’s consumer confidence stays in pessimistic territory in June: report

Turkey’s consumer confidence index edged up to 62.6 points in June from 59.5 the previous month, remaining deep in pessimistic…
With economy reopening, Turkey to halt worker pay system: report

With economy reopening, Turkey to halt worker pay system: report

Turkey, which reopened its economy this month after a coronavirus-related lockdown, will deactivate a temporary pay system used over the…
Turkey could emerge stronger from coronavirus crisis, EBRD president says

Turkey could emerge stronger from coronavirus crisis, EBRD president says

Turkey could emerge stronger from the coronavirus crisis, President of the European Bank for Reconstruction and Development (EBRD) Suma Chakrabarti…
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