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Monday, September 21, 2020

Turkey: Central Bank keeps interest rates steady

ANKARA  The Turkish Central Bank on Thursday kept its one-week repo rate – also known as the bank's policy rate – constant at 8.25%, holding it unchanged for the third...

Turkish economy: Total turnover betters in June

ANKARA The Turkish economy's total turnover improved year-on-year in June with the backing of industry, trade and construction sectors, the country's statistical institute said on Friday. "Total turnover index including industry,...

Turkish stocks up 0.37% at Wednesday's close

ANKARA Turkey's benchmark stock index closed the day at 1,114.18 points on Wednesday, up 0.37% from the previous close. After starting the day at 1,114.90 points, Borsa Istanbul's BIST 100 index...

Turkey's current account to show $3B deficit: Survey

ANKARA  Turkey's current account balance is expected to show a deficit of $3 billion on average in June, according to an Anadolu Agency survey on Wednesday. The country's balance of payments...

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 Treasury borrows $440M through auction

ANKARA The Turkish Treasury borrowed 3.2 billion Turkish liras ($440 million) from the domestic market in an auction held on Monday. The Treasury and Finance Ministry announced four-year Turkish lira overnight...

Halal tourism to make strides amid pandemic: Expert

ANTALYA, Turkey With the pandemic looming over vacationers, there has been growing interest in halal tourism which offers greater privacy, an international tour operator said. In an interview with Anadolu Agency,...

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: Normalizing, Central Bank to withdraw liquidity

ISTANBUL As Turkish institutions move to reduce market volatility, the country's Central Bank will gradually withdraw the liquidity delivered to the market during the pandemic. Central Bank governor Murat Uysal, Banking...

Turkish Central Bank halves open market liquidity limits

ANKARA Liquidity limits offered to primary dealers as part of open market operations will be cut to half of their current limits, the Turkish Central Bank announced Friday.  The new limits...

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Pakistan rejects nomination of 'senior' Indian diplomat

KARACHI, Pakistan Pakistan has rejected the nomination of an Indian diplomat for the post of its Charge d’Affaires in Islamabad, terming him too senior for...

Legendary Nepalese climber dies at 72

KATHMANDU, Nepal  Ang Rita Sherpa, a legendary climber who holds the record for the highest number of summits on Everest without supplemental oxygen, died on...

China sends 3rd maritime satellite into space

ANKARA China on Monday sent another maritime satellite into the space, local media reported.  The new sea and ocean-monitoring satellite was launched from the Jiuquan Satellite...

With no new cases, N.Zealand moves to lift restrictions

ANKARA New Zealand is set to lift all restrictions across the nation from Wednesday night as the country reported no fresh coronavirus cases for a...

Turkish forces 'neutralize' 2 PKK terrorists in N. Iraq

ANKARA Turkish security forces have neutralized two PKK terrorists in northern Iraq, the National Defense Ministry said on Monday. The terrorists were targeted in an air-backed...