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Wednesday, January 20, 2021

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...

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...

Turkish, Qatari central banks amend swap deal limit

ANKARA  The swap deal limit between the central banks of Turkey and Qatar has been amended to $15 billion equivalent of Turkish lira and Qatari riyal. According to a statement from...

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Bosnian minister says more women needed in government

BELGRADE, Serbia Bosnia and Herzegovina's first headscarf-wearing minister said Wednesday that women should be more involved in government.  "There are four women in the current cantonal...

UAE ratifies visa exemption agreement with Israel

ISTANBUL  The United Arab Emirates approved a visa exemption agreement with Israel on Wednesday, Israel’s Foreign Ministry said in a statement.  The agreement will come into...

NBA: Rockets trade James Harden to Nets

ANKARA The Houston Rockets traded James Harden to the Brooklyn Nets, NBA insider Shams Charania announced Wednesday.  “Rockets are acquiring Caris LeVert in James Harden deal...

Anadolu Agency's Morning Briefing – January 14, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world.   Coronavirus...

‘Cyprus solution must be based on sovereign equality'

LEFKOSA, Turkish Republic of Northern Cyprus  An official negotiation process on the Cyprus issue can only be started for a solution based on sovereign equality,...