Türkiye’s central bank on Thursday announced it had suspended one-week repo auctions and raised its overnight lending rate to 46%, in a move economists interpret…
Posts tagged as “Turkish Economy”
Consumer confidence in Türkiye improved further in March to the highest level in nearly two years, official data showed on Friday. The consumer confidence index…
There is “no hesitation” regarding the implementation of the government’s economic program, a top Turkish finance official said recently, emphasizing they were working in “close…
As climate change intensifies, Türkiye grapples with a new threat: rising food prices driven by increasingly erratic weather patterns, according to an analysis by the…
The Turkish central bank kept its policy rate unchanged at 50% on Tuesday as expected and reiterated it remains highly attentive to inflation risks, even…
Gulf Cooperation Council (GCC) banks are showing a strong appetite to expand their presence in major regional markets, particularly in Türkiye, Egypt and India, Fitch…
Long one of the biggest foreign investors in Türkiye, the European Bank for Reconstruction and Development (EBRD) on Wednesday said its total investments in the…
Local spending on tourism in Türkiye more than doubled in the first quarter of the year, official data showed on Tuesday, as domestic demand remained…
Further upgrades could come following Moody’s decision to lift Türkiye’s credit rating by two notches on Friday, several experts and analysts said. The agency upgraded…
The number of dollar millionaires in Türkiye is expected to rise 43% by 2028, Swiss banking giant UBS forecasted in a recent report, placing the…