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Turkish finance minister optimistic over Iran sanctions-busting case

Turkey has positive expectations regarding an Iran sanctions-busting case in the United States related to Turkish state-owned lender Halkbank, Finance Minister Berat Albayrak said...

Turkish inflation hits 25.2 percent in October, highest in 15 years

Annual inflation in Turkey surged to 25.2 percent in October, hitting its highest in 15 years and underscoring the impact on the wider economy...

CHP deputy claims Turkey will sign IMF deal after local elections in March

Main opposition Republican People’s Party (CHP) İstanbul deputy Mehmet Bekaroğlu on Thursday said President Recep Tayyip Erdoğan’s government would sign a deal with International...

Turkish exports in October reach highest monthly figure in country’s history: minister

Turkey's exports in October were the highest in a single month in the country's history, the Turkish trade minister said on Thursday, the state-owned...

Turkey to cut taxes in several sectors to tackle inflation: minister

Turkey will cut taxes in several sectors including automotives, white goods and furniture and will continue to take measures to bring down inflation, Finance...

Economic attack on Turkey planned in foreign capital, Albayrak says

Treasury and Finance Minister Berat Albayrak on Tuesday said an economic attack targeting Turkey was planned in a foreign capital, the Evrensel daily reported. “The...

46.48 percent of Turks think economic crisis caused by attack of foreign powers

A total of 46.48 percent of Turks believe that foreign powers launched an economic attack against the country, while 57.89 percent think that Turkey...

Another appeal against Booking.com ban rejected by Turkish court

A Turkish court of appeals has rejected a renewed appeal filed by Dutch-based online hotel booking platform Booking.com against a ban on its activities...

Turkish lira expected to fall sharply after ‘major policy mistake’: report

The Turkish lira is expected to fall sharply in the coming months because the central bank is failing to target inflation, the Ahval news...

Turkish central bank keeps main interest rate unchanged

The Turkish central bank on Thursday kept its main interest rate unchanged, in line with market expectations after an unexpectedly aggressive hike last month,...

Lira gains 5 percent after Turkish court releases American pastor

The Turkish lira has gained over 5 percent in value against the US dollar since last Friday after the emergence of signs of recovery...

Turkey’s Tüpraş seeking waiver from US for Iran oil sanctions: report

Turkey’s top refiner, Tüpraş, is in talks with US officials to obtain a waiver allowing it to keep buying Iranian oil after Washington reinstates...

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