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Wednesday, June 16, 2021

Turkey's Borsa Istanbul down at close

ISTANBUL Turkey's benchmark stock index closed the day at 106,588.41 points on Friday, down 0.20% from the previous close.   Borsa Istanbul's BIST 100 index started the day at 107,108.90 points. As...

Turkey's current account posts $1.23B deficit in Feb

ISTANBUL Turkey’s current account balance posted a deficit of nearly $1.23 billion in February, according to official figures released on Monday. The deficit was $117 million in the same period last...

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...

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's poultry production up in September

ISTANBUL Chicken meat production in Turkey jumped by 15.1% in September on an annual basis, the country's statistical authority announced Wednesday. Chicken meat production amounted to 188,165 tons in September, while...
Borsa

Turkey's Borsa Istanbul down 0.21% at daily close

ANKARA Turkey’s benchmark stock index closed Friday at 106,903.68 points, down 0.21% from the previous close. Borsa Istanbul's BIST 100 index started the day at 107,300.11 points. As of the daily...

Turkish Central Bank cuts inflation forecast for 2020

ANKARA  The Turkish Central Bank on Thursday revised its year-end inflation forecast to 7.4% for 2020, down from 8.2%. The 0.8 percentage point fall was driven by the downward revision in...

'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 lowers asset ratio as part of normalization

ANKARA Turkey's banking regulator on Monday lowered the asset ratio calculation for deposit banks to 90% from 95% and for participation banks to 70% from 75%, in a bid to...

Latest article

'Emerging markets won't suffer from current account deficits post-COVID'

ANKARA Imports have already surpassed pre-crisis levels in all major emerging markets but most trade deficits have not expanded due to booming exports, according to...

Thousands protest in Madrid against pardoning jailed Catalan leaders

OVIEDO, Spain Around 25,000 people poured into the streets of Madrid on Sunday to protest the Spanish government’s impending move to pardon several jailed Catalan...

Accused terrorist nabbed while trying to enter Turkey

ANKARA  A terrorist wanted with a red notice was among a dozen people arrested while trying to enter Turkey, said the National Defense Ministry on...

Mortar kills 5 civilians in Afghanistan

KABUL, Afghanistan A mortar shell fired by Taliban hit a residence in Afghanistan’s Lagman province killed five civilians, according to Afghan Army.The 201st Selab Corps...

UAE, Rwanda ban flights from Uganda due to rise in COVID-19 cases

KAMPALA, Uganda The United Arab Emirates (UAE) and Rwanda have banned with immediate effect all flights from Uganda due to reports of rising COVID-19 cases...