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Full lockdown would be costly for Turkish economy, presidential aide says: report

A full lockdown against the spread of the novel coronavirus would be costly for Turkey, for both the economy and the mental health of the people,...

Turkish lira hits lowest level since 2018 currency crisis: report

Turkey's lira weakened some 0.5 percent against the dollar on Wednesday to its lowest level since the height of the 2018 currency crisis, as investors eyed...

Turkey’s home sales surge 33 percent in January-March period: report

The number of residential properties sold in Turkey increased 33 percent in the January-March period, totaling 341,038 units, the country's statistical authority said on Wednesday, according...

Turkish Airlines extends suspension of international flights to May 20: report

Turkish Airlines (THY) has extended the cancellation of international flights to May 20 from May 1 over the coronavirus outbreak, the airline said on Tuesday, adding...

Turkey’s idled day workers at risk of slipping through coronavirus safety net: report

Countless Turkish day workers risk falling through a financial safety net being set up to support those idled due to the coronavirus outbreak, as authorities in...

Turkey posted $1.23 billion current account deficit in February: central bank

Turkey's central bank said on Monday the country's current account deficit in February narrowed to $1.23 billion. The figure is more than a Reuters forecast...

No plans for IMF agreement to ease impact of coronavirus, says spokesman: report

Turkey is not planning to make an agreement with the International Monetary Fund (IMF), a presidential spokesman said on Sunday, as the country eyes...

Turkey had talks with US on possible Fed swap line, say officials: report

Turkey has had talks with the United States about possibly securing a swap line from the US Federal Reserve and has discussed other funding options to...

Turkey’s unemployment edges higher in January to 13.8 pct

Turkey's unemployment rate ticked up to 13.8 percent in January from 13.7 percent a month earlier, data showed on Friday, suggesting joblessness will remain high as...

World Bank slashes 2020 growth expectation for Turkey: report

The World Bank has slashed its 2020 growth forecast for Turkey, decreasing its expectation from 3 percent to 0.5 percent, according to the Dünya news website. The...

Turkey will require foreign social media companies to appoint local representatives: report

Turkey will require foreign social media companies with high Internet traffic to appoint a representative in the country to address concerns raised by authorities over content...

IMF is engaged with all members including Turkey in response to coronavirus: report

The International Monetary Fund remains engaged with all members, including Turkey, as they respond to the new coronavirus pandemic sweeping the globe, IMF Managing Director Kristalian Georgieva...

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