70.2 F
Ankara
Saturday, September 26, 2020

Turkey: Inflation slips to 8.55% in October

ISTANBUL  Turkey saw an annual hike of 8.55% in consumer prices in October, official figures showed on Monday. The annual inflation went down 0.71 percentage points in October, down from 9.26%...

Turkey’s Borsa Istanbul up at Friday opening

BIST 100 index up 303.70 points from previous close

Oil stability needed for predictability: Turkey

ANKARA Oil price stability is needed for predictability in the global oil market, and volatility in oil prices must end immediately, Turkey's energy and natural resources minister said Saturday. "All actors'...

Turkish Treasury borrows $2.92B from domestic markets

ISTANBUL The Turkish Treasury borrowed 20.45 billion Turkish liras ($2.92 billion) from domestic markets through auctions and lease certificate issuances on Tuesday. In the first auction, some 5.02 billion Turkish liras...

Turkey: Central Bank reserves hit $90.3B in July

ANKARA Official reserve assets of the Turkish Central Bank reached $90.3 billion as of end-July, rising 4.5% month-on-month, according to data from the bank on Friday. Foreign currency reserves -- in...

IMF: Turkey's economic challenges could be solved domestically

ANKARA / BERLIN  Although Turkey’s vulnerabilities remain high, they can be solved domestically if the right policies are put in place, Donal McGettigan, the IMF's mission chief to Turkey has...

Turkish financial sector buys 85.05% of JCR Eurasia

ANKARA Turkey’s leading banking and financial institutions inked a deal to buy 85.05% of credit rating agency JCR Eurasia, Turkey’s banking association said on Friday. Borsa Istanbul will hold 18.5% of...

Turkey welcomes 4.24M foreign visitors in Q1

ISTANBUL  Turkey welcomed 4.24 million foreign visitors in the first quarter of 2020, the country’s Culture and Tourism Ministry said on Thursday. The number of foreigners visiting the country dropped by...

'Turkish economy boasts strongest growth among others'

ANKARA During the coronavirus crisis, Turkey, among countries of the EU, the G20, and Organization for Economic Cooperation and Development, boasted the strongest growth performance, said the country's treasury and...

Turkey's foreign trade gap at $2.1B in September

ANKARA Turkey's foreign trade deficit stood at $2.1 billion in September, said the country's statistical authority on Thursday. TurkStat data indicated a 6.6% year-on-year rise in last month's figure. Turkish exports rose...

Latest article

'EU sanctions on Turkey would make no sense at all'

ISTANBUL The EU imposing sanctions on Turkey would be profoundly irrational, Turkey’s communications director said on Saturday.  “We have no such expectation” of sanctions being imposed,...

Lebanon: Hariri regrets failure of Macron’s initiative

BEIRUT, Lebanon Former Lebanese Prime Minister Saad Hariri has regretted the failure of French President Emmanuel Macron's initiative for forming a new government in Lebanon.  “Those...

Hamas chief hails Abbas’ speech to UN

GAZA CITY, Palestine Hamas chief Ismail Haniyeh on Saturday hailed President Mahmoud Abbas’s speech to the UN General Assembly, according to the official Wafa news...

Eurasian countries register new virus cases, deaths

KIEV More coronavirus cases and fatalities were reported in several Eurasian and Central Asian countries on Saturday. Ukraine The death toll in Ukraine reached 3,903 with 76...

6 civilians dead in Afghanistan landmine blast

KABUL, Afghanistan At least six people were killed in a landmine explosion in Afghanistan’s northern Kunduz province, an official confirmed on Saturday. A tractor trolley carrying...