Turkish central bank cuts key rate to 39.5%, flags inflation risk
The Turkish central bank cut its benchmark, one-week repo rate by 100 basis points to 39.5% on Thursday,…
Türkiye sees foreign direct investment jump 58% in 8 months
Türkiye received $10.6 billion in foreign direct investment (FDI) in the first eight months of the year, marking…
Türkiye’s economy faces packed October agenda
Türkiye’s economic calendar is set for a busy October, with a string of data and policy releases, from…
Turkish economic sentiment improves slightly in September
Economic sentiment in Türkiye improved for the second consecutive month in September, although moderately, to reach its highest…
Türkiye’s unemployment rate ticks up to 8.5% in August
Türkiye’s unemployment rate rose to 8.5% in August, up 0.4 percentage points compared to the previous month, the…
Türkiye’s gross reserves estimated to have hit new record of $183B
The Turkish central bank’s gross total reserves are estimated to have risen by $4 billion to a record…
Türkiye’s annual inflation seen slowing to 32.5% in September
The annual inflation rate in Türkiye is seen slowing down slightly to 32.5% in September, according to two…
Data breakdown shows price pressures continue to ease: CBRT’s Karahan
The breakdown of Türkiye’s August inflation and second-quarter growth data indicates that price increases continued to ease, while…
Türkiye to announce new 3-year economic blueprint on Monday
Türkiye is set to unveil its new medium-term program (MTP) on Monday, outlining the country’s economic road map…
Türkiye’s trade deficit shrinks to lowest level in nearly 4 years
Türkiye’s exports declined in August, but a sharper drop in imports, hitting a 14-month low, helped shrink the…
Turkish economy beats estimates to grow by 4.8% in Q2
Türkiye’s economy grew faster than anticipated between April and June, extending its streak to 20 consecutive quarters of…
Türkiye’s stocks hit new all-time high as risk appetite keeps rising
Türkiye’s stocks climbed for the fifth day and hit a new intraday record on Thursday, as investors’ risk…