Türkiye kept its economic program on track despite shocks: Şimşek
Türkiye’s medium-term program has faced temporary internal and external shocks that have had a short-term negative impact, but…
Turkish economy beats estimates to grow by 4.8% in Q2
Türkiye’s economy grew faster than anticipated between April and June, extending its streak to 20 consecutive quarters of…
Turkish organic exports topped $1.1B in 2024, association head says
Türkiye’s exports of organic products exceeded 1 billion euros ($1.16 billion) last year, a chairperson of an association…
Turkish central bank’s gross reserves renew historic peak
The total gross reserves of the Turkish central bank have reached an all-time high of $174.4 billion as…
Türkiye achieves record in high-tech production in June
In line with Türkiye’s policy to increase value-added production, the manufacturing of high-technology products saw an annual growth…
Türkiye’s inflation cools to nearly 4-year low in July
Inflation in Türkiye dropped more than expected in July to reach the lowest level in almost four years,…
Turkish economy reenters ‘positive cycle,’ receives rating upgrade
The Turkish economy has reentered a “positive cycle,” overcoming the period of domestic and international uncertainties and difficulties,…
Turkey parliament passes contentious mining legislation
On Friday, Ali Mahir Basarir of the CHP accused parliament of acting like CEO of energy companies [Yavuz…
CBRT seen kicking off new rate-cut cycle amid cooling prices
The Turkish central bank’s upcoming interest rate decision is expected to mark the start of a new rate-cutting…
Türkiye advances toward exit from FX-protected scheme
The planned exit from the FX-protected scheme, which Turkish authorities began to scale back in 2023 along with…
Turkish central bank announces changes to support transition to lira
The Turkish central bank announced on Saturday new measures to “strengthen the monetary transmission mechanism and support the…
Markets price in July rate cut as Türkiye inflation outlook improves
Inflation in Türkiye is projected to drop below 30% by the end of the year, while the country’s…