Money Turkey keeps inflation forecast unchanged at 24% Aya Anwar May 22, 2025 0 Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
Featured Türkiye to keep rates tight as long as needed – Governor Aya El Sayed Mar 13, 2025 0 Türkiye’s central bank will take all necessary measures to achieve its year-end inflation target of 24 per cent,…
Featured Turkish lira drops after Erdogan’s rate comments Aya El Sayed Dec 30, 2024 0 The Turkish lira was the worst-performing emerging-market currency on Monday, depreciating 0.6 per cent against the…
Featured Turkish banks shift Russia-related transactions to local bank Aya El Sayed Sep 19, 2024 0 Almost all Turkish banks are withdrawing from handling transactions related to Russia and Belarus, opting to…
Banks Turkish Isbank expects interest rate cuts in Nov. Nada Ali Aug 25, 2024 0 Turkey's largest private bank, Isbank, foresees continued challenges in the banking sector until 2025 due to the…
Featured Turkey’s c. bank stops currency support Aya Anwar May 9, 2024 0 Turkey's central bank has discontinued another measure aimed at supporting the lira, a move that has faced…
Featured Turkish Lira dips to record low post-election Aya El Sayed Apr 1, 2024 0 The Turkish lira fell to a record low of 32.4328 per dollar, a 0.2 per cent drop, following a surprising defeat for…
Featured Turkey to reconsider rate hike Aya Anwar Mar 21, 2024 0 Turkey is reconsidering an interest rate hike, just two months after ending its tightening cycle amid strong demand…
News Türkiye resorts on $7bln reserve to keep Lira steady Yassmine Elbehnaihy Feb 23, 2023 0 Turkish central bank resorts to $7 billion worth of reserves during the past two weeks, in a way to stabilize the…
Money Türkiye’s Swiss gold imports rise in 11-year high Sama Mousa Feb 21, 2023 0 Turkish Swiss gold import has increased to reach 58 tons, recording the highest since at least 2012 in January as…