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Wednesday, May 12, 2021

Turkey: Central Bank reserves hit 82.7$B in November

ANKARA The Turkish Central Bank’s reserves amounted to $82.7 billion at the end of November, the bank announced on Monday. Total reserve assets fell 2.2% in November from the end of...

Turkish Central Bank aware of its responsibility on inflation

ANKARA/ISTANBUL The Turkish Central Bank is aware of its responsibility in reaching the medium-term inflation target of 5%, said Governor Naci Agbal on Friday. The bank will implement all aspects of...

Erdogan: Turkey should aim for high value-added exports

ANKARA In its efforts to increase exports, Turkey should target high value-added products, the country's president said Friday. In a video conference during the eighth Turkey Innovation Week program, Recep Tayyip...

Turkish Central Bank hikes interest rates

ANKARA The Turkish Central Bank on Thursday announced an interest rate hike of two percentage points, above market expectations. The bank's policy rate – also known as the one-week repo rate...

Turkish, Azerbaijani central banks ink MoU

ANKARA A memorandum of understanding was signed between Turkish and Azerbaijan's central banks on Friday. Under the deal, the two central banks aspire to carry out activities to foster cooperation in...

Turkey: New company launches leap in November

ANKARA The number of newly established companies in Turkey jumped 12% year-on-year in November, the country's top trade body said on Friday. A Union of Chambers and Commodity Exchanges of Turkey...

Turkish Treasury to repay over $14.3B in Dec-Feb

ANKARA Turkey's Treasury will repay 111.9 billion Turkish liras (some $14.3 billion) of debt in the period from December to February, the Treasury and Finance Ministry announced on Monday. Over the...

Turkey's exports up 5.6% to $17.33B in Oct

ISTANBUL Turkey's exports rose by 5.6% to reach $17.33 billion in October, on a yearly basis, the country's statistical authority announced on Monday. The country's imports also posted an increase of...

Turkish ministers, business people gather in Istanbul

ISTANBUL Lutfi Elvan, the treasury and finance minister, and Abdulhamit Gul, the justice minister, on Friday gathered with the management board of the Turkish Industry and Business Association (TUSIAD) in...

Turkey: Vehicle registrations up by over 68% in October

ANKARA Motor vehicle registrations in Turkey increased 68.1% year-on-year in October to reach 114,426, according to official data released on Friday. The figure was also 8.2% higher than September, according to...

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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...