Türkiye’s central bank Sunday began rolling back a government-backed scheme that safeguards Turkish lira deposits against foreign exchange depreciation, marking another move toward more orthodox…
Posts tagged as “Turkish Economy”
The Turkish stock market is enjoying a record surge in new investors, lured by an unprecedented momentum in initial public offerings (IPOs) this year, as…
Türkiye’s finance minister on Thursday hailed the steps of the country’s new economic team following its appointment after the parliamentary and presidential elections in May,…
Türkiye’s unemployment rate fell to 9.7% in the second quarter of this year, down to 0.3% compared to the quarter before, the country’s statistical authority…
Amid the ongoing battle against stubborn inflation, Türkiye’s top economy officials on Friday emphasized the necessity of simultaneously maintaining production and exports, which they say…
Türkiye’s retail sales volume was up by 28.5% in June on an annual basis, the country’s statistical department said Friday. According to TurkStat data, retail…
Türkiye’s current account in June registered a surplus for the first time in almost two years, official data showed Friday, driven partly by robust tourism…
Trade Minister Ömer Bolat said on Wednesday that Türkiye would continue to support exporters, stressing that the government’s efforts to increase financing in the 2024…
Türkiye’s new economic administration is committed to reducing inflation and external imbalances, and the country’s outlook, which is stable, could turn positive, international credit rating…
Türkiye is planning to impose a quota on the imports of unprocessed gold as it seeks to curb the negative impact of such imports on…