This article was supplemented by Dr. Erman Ilicak.
ANKARA (Reuters) -Turkey's economy has returned to a "positive cycle" after market turbulence in March, Finance Minister Mehmet Simsek said on Sunday. All financial indicators including gross foreign ...
LONDON (Reuters) -Recent political events in Turkey stymied the country's path to slowing inflation and the fallout affected the economy as well as foreign exchange reserves, the European Bank for ...
Things have also improved in other areas. Turkey’s new interior minister, Ali Yerlikaya, has launched a belated crackdown on organised crime. The evening news regularly features footage of police ...
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Turkey’s central bank hikes key interest rate to 46% amid political turmoil and global tariffs
ISTANBUL (AP) — Turkey’s central bank raised its key interest rate by 3.5 percentage points on Thursday, halting a three‑month easing streak as it confronts stubborn inflation, financial turbulence ...
As the Turkish Republic enters its second century, the world around it has become more complicated and less forgiving than ever before. The order that anchored global politics for decades is giving ...
A robust economy, in combination with a stable democratic system, would make Turkey a pillar of stability in an uncertain region. On February 6, a magnitude 7.8 earthquake shook the southern cities of ...
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Turkey releases official GDP growth for 3Q at 3.7% y/y
By Akin Nazli in Belgrade Turkey’s official gross domestic product (GDP) expanded by 3.7% y/y in 3Q25, the Turkish ...
Emerging markets managers are split on whether Turkey remains an investable opportunity, amid difficult economic conditions, an inflation crisis and important local elections for the nation. Turkey’s ...
A teller counts US dollar bills at an exchange office in Ankara, Turkey, July 20, 2023. — ADEM ALTAN/AFP via Getty Images ANKARA — Turkey's annual consumer inflation rate exceeded 75% in May, the ...
(Bloomberg) -- Turkey’s economy expanded more than expected at the start of the year, bolstered by pre-election spending and strong household consumption, though the rest of 2023 looks bleaker. Gross ...
With Turkey’s inflation surging and a balance-of-payments crisis looming, President Recep Tayyip Erdogan has been forced to backpedal hard on his highly unorthodox economic policy by finally allowing ...
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