Turkey’s annual inflation rate rose slightly more than
expected to 11.84 percent in December, official data showed on Friday, ending
the year close to a government...
Turkey’s central bank cut its policy rate by 200 basis
points to 12 percent on Thursday, a bit more than expected according to Reuters,
and suggested...
Turkey’s central bank on Monday adjusted the reference
values on loan growth needed for banks to be subjected to lower required
reserve ratios, saying the move...
Turkey’s
central bank is expected to cut its key interest rate to 12.5 percent from 14
percent next week, sustaining an easing cycle designed to revive...
Turkey’s central bank is set to adjust a tool it
introduced this summer to boost lending in specific sectors of the
recession-hit economy, starting by tweaking...
Turkish President Recep Tayyip Erdoğan urged the
central bank on Tuesday to continue slashing interest rates, after it already
cut them by 1,000 points since July,...
The Turkish Central Bank topped the list of leading
corporate taxpayers in 2018 according to the Turkish presidency, with Rahmi
Koç, the honorary chairman of Koç...
Sales of passenger cars and light commercial vehicles
in Turkey surged 127.5 percent year-on-year in October, the Automotive
Distributors Association said on Monday, after a sharp...
Turkey’s central bank has used a significant part of
its leeway for loosening monetary policy, Governor Murat Uysal said on
Thursday, after the bank cut its...
Turkey’s central bank
has cut its benchmark interest rate by 2.5 percentage points, deeper than
economists had expected, citing an improving inflation outlook, the Financial
Times reported....
Turkey’s current account balance posted a $1.2 billion
surplus in July, improving from a $2.2 billion deficit in same period of last
year, the country’s central...
