67.3 F
Ankara
Wednesday, June 16, 2021

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...

Turkey: February unemployment falls to 13.6%

ANKARA Unemployment in Turkey dropped to 13.6% this February, down 1.1 percentage points from the same month last year, the Turkish Statistical Institute (TurkStat) announced Monday. The number of unemployed persons...

Turkish Central Bank lowers interest rates by 50bps

ANKARA  The Turkish Central Bank on Thursday lowered its one-week repo rate by 50 base points, in line with market expectation. A statement from the bank's fifth of 12 Monetary Policy...

Turkey forecasts foreign debt payment of $11.3B in 2020

ANKARA  The Treasury and Finance Ministry is forecasting 65.1 billion Turkish Liras ($11.3 billion) in external debt payments in 2020. The total amount of debt service is estimated at 352.1 billion...

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...