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Wednesday, May 12, 2021

Turkey: Crude steel production at 31M tons in Jan-Nov

ISTANBUL Turkey's crude steel output was 30.9 million tons in January-November, a trade association said Tuesday. Crude steel production in the country dropped 10.4% the first 11 months of 2019 on...

Turkish Central Bank zeros open market liquidity limits

ANKARA  The Turkish Central Bank will reduce to zero liquidity limits offered to primary dealers as part of open market operations, it announced on Tuesday. The decision will be effective as...

Turkish stocks start Tuesday up

ANKARA Turkey's benchmark stock index rose 0.55%, or 666.45 points, to start the day at 120,816.15 points on Tuesday. On Monday's close, Borsa Istanbul's BIST 100 index went down 1.63% to...

Turkey's Central Bank cuts interest rates 100 bps

ANKARA The Central Bank of Turkey on Wednesday reduced its one-week repo rate 100 basis points. The bank's policy rate -- also known as the one-week repo rate -- fell to...

Turkish stocks on rise at Friday close

ANKARA Turkey's benchmark stock index ended Friday up 0.19% to close at 108,869.14 points. Starting the day at 109,008.91points, Borsa Istanbul's BIST 100 index gained nearly 210 points from Thursday's close...

'Turkey has great potential to compete worldwide'

ISTANBUL Turkey has a great potential to compete worldwide, particularly in the textile, auto, and machinery sectors, according to the CEO of Hannover Fairs Turkey, which handles the Turkish operations...

Turkey's unemployment rate at 12.9% in May

ANKARA  The unemployment rate in Turkey stood at 12.9% in May, the country's statistical authority announced Monday. The figure was up 0.1 percentage points from the same month last year, the...

Turkey: Gov't budget balance posts $14B gap in Jan-May

ANKARA The Turkish central government registered a budget deficit of 90.1 billion Turkish liras (some $14 billion) in January-May, the country's Treasury and Finance Ministry reported Monday. Turkey's budget revenue reached...

Total inflow to Turkish gas system down 6.33% in 2019

ANKARA Natural gas inflow to Turkey's gas network saw a year-on-year decrease of around 6.33% to 46.83 billion cubic meters (bcm) in 2019, according to data from the Turkish Petroleum...

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%...

Latest article

Turkey strongly condemns Israeli air raids on Gaza Strip

ANKARA Turkey on Tuesday strongly condemned Israel’s ongoing air strikes on the Gaza Strip, which have killed dozens of civilians, including children, in the besieged...

Turkey reiterates call on Israel to end attacks on Palestinians

ANKARA Turkey on Monday reiterated its call on Israel to end its violent attacks on Palestinians in Jerusalem amid recent Israeli police attacks on...

Anadolu Agency's Morning Briefing – May 10, 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...

Turkey reports just over 15,000 daily cases

ANKARA The downward trend in the number of daily cases in Turkey continued on Sunday as the country reported just over 15,000 new coronavirus cases,...

Turkey’s Erdogan issues message on Europe Day

ANKARA  Turkish President Recep Tayyip Erdogan on Sunday issued a message on the occasion of Europe Day, which "celebrates peace and unity in Europe" on...