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Tuesday, February 27, 2024

Central Bank lowers Turkey year-end inflation forecast

ANKARA Turkey's Central Bank on Thursday cut the year-end inflation projection for 2019. The bank said it expected Turkey's year-end inflation rate to hit 12% for 2019, down from 13.9% in...

Turkish stocks begin Tuesday looking up

ANKARA (AA) - ANKARA  Turkey's benchmark stock index climbed by 0.33%, or 350.46 points, to start Tuesday at 107,196.64 points. On Monday, Borsa Istanbul's BIST 100 index hit 20-month high at...

Turkey's Borsa Istanbul down nearly 2% at close

ISTANBUL Turkey's benchmark stock index closed the day at 113,684.01 points on Friday, down 1.94% from the previous close. Borsa Istanbul's BIST 100 index started the day at 115,142.77 points. As...

Turkish Central Bank boosts swap sale limit

ISTANBUL The Turkish Central Bank on Tuesday boosted its lira swap sale limits from 30% to 40%.  "The total Turkish liras swap sale limit in the Central Bank’s Turkish lira currency...

Turkey: Hotel occupancy rate down by half in H1

ISTANBUL  The hotel occupancy rate across Turkey was 33.4% in the first half of 2020, during the peak period of the coronavirus pandemic, down 47.3% from the same period last...

'Turkish tourism sector may shrink 70% due to pandemic'

ANTALYA, Turkey Turkey’s tourism sector will likely shrink 70% this year due to the coronavirus pandemic, the country’s culture and tourism minister said on Thursday. “It looks like we will end...

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: Savings per capita at $2,920 in Jan-Sept

ISTANBUL Personal savings per capita in Turkey stood at 16,480 Turkish liras ($2,900) from January to September. Total savings deposits increased 14.8% year-on-year to nearly 1.4 trillion Turkish liras ($239.2 billion)...
Borsa

Turkey’s Borsa Istanbul up at close

ISTANBUL Turkey's benchmark stock index closed the day at 105,983.14 points on Tuesday, up 0.57% from the previous close. Borsa Istanbul's BIST 100 index started the day at 105,568.14 points. As...

Turkish Treasury borrows $1.6B through auction

ANKARA The Turkish Treasury borrowed 11.2 billion Turkish liras ($1.6 billion) from domestic markets on Tuesday, said an official statement. The Treasury and Finance Ministry announced that three-year CPI-indexed government bonds...

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...