Turkiye's share in global trade exceeds 1% for 1st time: President
ISTANBUL
Turkiye’s share in the global trade exceeded 1% for the first time last year, the nation’s president said on Monday, citing the newly announced 2021 export figures.
While the global...
Turkey's economic confidence down in December
ISTANBUL
Turkey’s economic confidence index fell 1.8% month-on-month in December, according to the latest figures released on Thursday.
From 99.3 in November, the index slipped to 97.6 in the last month...
New measures will continue to protect Turkish public from high costs: President
ANKARA
To continue keeping its promise of protecting the Turkish public from the high cost of living, the nation’s president announced new measures on Monday.
No Turkish citizen will have to...
Turkey will not abandon free market principles: President Erdogan
ANKARA
Turkey will not abandon free market principles, President Recep Tayyip Erdogan said on Sunday, stressing that the country will not put in place a controlled foreign exchange regime.
"The Turkish...
Turkish Central Bank lowers interest rates by 200 basis points
ANKARA
The Turkish Central Bank on Thursday lowered its one-week repo rate by 200 basis points, well above market expectation.
The policy rate – also known as the one-week repo rate...
Turkish president hails country's economic performance during pandemic
ANKARA
The Turkish president on Monday hailed the country’s economic performance during the pandemic, while "the economies across the world were shaken."
“In such a difficult period, Turkey has been extremely...
Turkey: No compromise from free-market mechanism
ANKARA
Attaching great importance to the markets' efficient and solid functioning, Turkey will not compromise from the free-market mechanism, the country's treasury and finance minister said on Monday."Liberal exchange regime...
Turkish Central Bank hikes interest rates, surprising markets
ANKARA The Turkish Central Bank on Thursday announced an interest rate hike of one percentage point above market expectations.The bank's policy rate – also known as the one-week repo...
Turkey's assets abroad total $246.3B in January
ANKARATurkey's external assets reached $246.3 billion as of this January, a decline of 2.3% from the end of last year, the Turkish Central Bank data showed on Thursday.Its liabilities...
Turkey announces landmark new economic reform package
ANKARA
Turkey on Friday unveiled the details of a major new economic reform package as pledged by the president last November.
"The package aims to grow the Turkish economy on the...
Latest article
Türkiye Dominates Latvia 4-0, Seals Spot in EURO 2024
Türkiye secured their spot in the UEFA EURO 2024 with a convincing 4-0 win over Latvia at the Konya Metropolitan Municipality Stadium on Sunday....
Rafah Crossing to Reopen: Blinken Confirms Collaborative Efforts with Egypt and UN
The Rafah border crossing, situated between Gaza and Egypt, will soon be reopened, announced US Secretary of State Antony Blinken on Sunday.
Speaking to reporters...
Iran is attempting to open new front against Israel from Syria: Israeli official
JERUSALEM
A senior Israeli official accused Iran on Sunday of attempting to open a new front against Israel from Syria and indirectly confirmed that Tel...
Non-Food Retail Sales Show Resilience Despite Overall Decline in Euro Area
According to Eurostat, retail sales volume in July decreased by 1% in the euro area and 1.2% in the EU year-over-year. The volume of...
Azerbaijani official says New York Times curbing alternative views
ISTANBUL
Azerbaijan's presidential adviser said Wednesday that The New York Times is curbing alternative views, amid reports by media outlets on an alleged "blockade" on...