Results for
turkey economy
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Turkey’s lira in late-day slide to weakest level since May
Turkey’s currency tumbled late on Friday to its weakest level in regular trading since May after the Treasury minister suggested the central ... Financial Markets -
Recent report looks into how Erdogan’s Turkey created its own debt crisis
After 15 years in power as prime minister and president, Recep Tayyip Erdogan’s Turkey finds itself in crisis today, as an indebted country with ... Economy -
Turkey’s Erdogan says aware Turkish market short on liquidity, taking steps
President Recep Tayyip Erdogan said on Friday he was aware that Turkey's financial market was short on liquidity and preparations were being made to ... Economy -
Turkey sees economic growth slow in second quarter
Turkey’s economic growth slowed to 0.9 percent in the second quarter, official statistics showed on Monday, with further declines expected as ... Economy -
Turkish markets surrender gains made after Erdogan poll win
Turkish markets surrendered early gains on Monday as concerns over the direction of economic and monetary policy weighed on sentiment after President ... Financial Markets -
Turkey lira hits new historic lows after Fitch warning
Turkey’s embattled currency, the lira, on Tuesday hit new historic lows against the US dollar after Fitch ratings agency expressed concerns over ... Economy -
Turkey’s lira slides after Erdogan says wants greater economic control
Turkey’s lira slid to a record low and bond yields briefly touched their highest in at least eight years on Tuesday, after President Tayyip ... Economy -
S&P cuts Turkey’s debt rating on deteriorating finances, inflation
Ratings agency S&P said Tuesday it cut the rating on Turkey’s foreign debt due to deteriorating finances and rising inflation. The grade on ... Economy -
In shock to market, Turkey central bank keeps rates on hold
Analysts and investors have repeatedly called for a rate hike to rein in inflation and put a floor under the lira Economy -
Turkey suicide bombing weighs on lira, bourse
Oct. 12 Turkish stocks and the lira fell and debt insurance costs rose as a blast that killed up to 128 people Financial Markets -
Turkish lira weakens against dollar on Greece turmoil
The Turkish lira weakened around 1.4 percent underperforming its emerging market peers on investor Economy -
Turkish Central Bank’s credibility must be increased: finance minister
Mehmet Simsek says that first quarter indicators of Turkey’s economy are ‘not very good’ Banking & Finance -
Turkish central bank struggles to lift lira, share index falls
The lira has fallen around 12 percent against the dollar this year Economy -
Turkish Treasury borrows around 1.8 bln lira in 2017 sukuk
The instrument will mature on Feb. 15, 2017, the Treasury said on its website. Economy -
Turkey’s economy is teetering on the edge
Turkey has started sending out ominous signals in the past year Middle East -
Turkey central bank rejects snap rate cut after inflation data
Erdogan and his allies have over the last weeks lambasted central bank Governor Erdem Basci Economy -
Turkey’s December exports up 1.1 pct, 2014 exports at record high
Annual export figures for 2014 rose 4 percent to $157.62 billion Economy -
Turkey eyeing $3.5 billion budget on hi-tech industry
The $3.5 bln government package will also be funneled towards takeovers of foreign hi-tech companies Technology -
Turkish central bank to keep tight policy until inflation improves
The lira's fall risks increasing Turkey's import bill and reducing the bank's room for maneuver Economy -
Turkish lira does not require 'strong intervention,' economy minister says
The lira's tumble comes amid concerns about wider emerging-market weakness when the U.S. Federal Reserve begins lifting interest rates Economy -
Turkish central bank keeps rates unchanged on inflation outlook
The bank left its one-week repo rate at 8.25 percent, its overnight lending rate unchanged at 11.25 percent Banking & Finance -
Turkish finance minister urges reforms as jobless climbs
Data showed unemployment hitting a four-year high and the current account deficit widening in Turkey Economy -
Turkey cuts growth estimates, raises inflation forecast
Turkey is struggling to control inflation even as its economy slows and conflict intensifies in neighboring countries Economy -
‘Save Bank Asya!’ Depositors shoulder Turkish bank amid political war
Social networking sites in Turkey are plastered in notices from customers trying to raise funds in the form of deposits Banking & Finance -
Turkish stocks up despite jitters over Syria strikes
Investors in Turkish markets are also looking ahead to a central bank meeting on Thursday Economy -
Turkish lira eases on uncertainty over cabinet roles
The lira slipped after the deputy prime minister's job was handed to a close ally of President Tayyip Erdogan Economy -
Turkish central bank leaves inflation forecasts unchanged
The Turkish lira had stabilized and the impact of exchange rate volatility on inflation had started to taper off from the second quarter Economy -
European recovery to mitigate Iraq impact on Turkish economy
The negative impact on the Turkish economy of developments in Iraq will be compensated for by recovery in Europe Economy -
Turkish minister urges central bank to cut rates
The central bank aggressively raised key rates in January in a bid to halt a steep drop in the country’s national currency the lira Economy -
Foreign investors in Turkey face squeeze
The corruption scandal, rising inflation and sustained falls in the lira prompted rating agencies to cut their outlook for Turkey Economy