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Monday, July 6, 2020

Turkey's Borsa Istanbul closes week up

ISTANBUL Turkey's benchmark stock index closed the week at 98,758.96 points on Friday, up 0.60% from the previous close. Borsa Istanbul's BIST 100 index started the day at 98,449.46 points. As...

Turkey's Borsa Istanbul starts Friday up 0.28%

ANKARA Turkey's benchmark stock index started Friday up 0.28% or 278.48 points to open at 98,449.46 points. On Wednesday, Borsa Istanbul's BIST 100 index rose 0.57% to close at 98,170.98 points...

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...

Turkey's Borsa Istanbul up 0.52% at open

ANKARA  Turkey's benchmark stock index started Wednesday at 98,129.45 points, up 0.52% or 510.45 points. On Tuesday, Borsa Istanbul's BIST 100 index decreased 1.34% to close the day at 97,619.00 points...

Turkish Treasury borrows $1.6B through auction

ANKARA The Turkish Treasury borrowed 11.2 billion Turkish liras ($1.6 billion) from domestic markets on Tuesday, said an official statement. The Treasury and Finance Ministry announced that three-year CPI-indexed government bonds...

Turkey: Central government gross debt stock hits $223B

ANKARA The gross debt stock of Turkey’s central government stood at 1.46 trillion Turkish liras (around $223 billion) at the end of March, according to official figures released on Monday. The...

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...

Oil stability needed for predictability: Turkey

ANKARA Oil price stability is needed for predictability in the global oil market, and volatility in oil prices must end immediately, Turkey's energy and natural resources minister said Saturday. "All actors'...

Turkey's economic stability package acts like shield against pandemic

ISTANBUL Turkey recently introduced an economic stability package to shield individuals and firms against the economic impact of the novel coronavirus pandemic. The country announced it would support salary payments, postpone...

Turkish Treasury borrows over $670M through auction

ANKARA Turkey's Treasury borrowed over 4 billion Turkish liras (around $670 million) from domestic markets, the Treasury and Finance Ministry said Tuesday. The auction was held for two-year Turkish lira overnight...

Latest article

Italy reports 8 new fatalities from coronavirus

ROME Italy on Monday reported eight more fatalities from the novel coronavirus, bringing the country's death toll to 34,869. The downward trend in daily deaths and...

UK announces 16 more deaths from coronavirus

LONDON British health authorities announced on Monday that a further 16 people died of coronavirus across the UK over the past 24 hours, bringing the...

4 years on death of Turkish football star Turgay Seren

ISTANBUL Tuesday will mark the fourth death anniversary of a Turkish football legend, Turgay Seren. The founder of the Republic of Turkey, Mustafa Kemal Ataturk named...

Bob Rae named Canadian ambassador to UN

ANKARA Bob Rae has been appointed as Canada's new ambassador to the UN, Prime Minister Justin Trudeau's Office announced Monday. Rae, who served earlier as Canada's...

Turkey sympathizes with China over deadly flood

ANKARA Turkey on Monday extended condolences to China over a battering flood that left several people dead and missing. “We convey our condolences to the relatives...

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