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Erdoğan calls for US product boycott: They may have iPhone, but there’s always Samsung

Turkish President Recep Tayyip Erdoğan on Tuesday said Turkey would boycott electronic products from the United States in response to a currency crisis caused...
Business

Erdoğan advisor says people returning to Turkish lira will profit in 12-48 months

Yiğit Bulut, one of the chief advisors to Turkish President Recep Tayyip Erdoğan, has said people who exchange foreign currency for Turkish lira will...
Business

Head of Turkey’s largest bank says ordinary Turks have nothing to do with foreign currency

The general manager of Turkey’s İşbank, the largest bank in the country, has said ordinary Turks who do not earn their income in US...
Business

Markets still rattled as Turkish lira pulls back from record low

Turkey’s lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and...
Business

Erdoğan: Businessmen who buy foreign currency to face plans B, C

With the Turkish lira plunging following the imposition of economic sanctions on Turkey by the US administration over the continued detention of an American...
Business

Prominent Turkish businesswoman says has full faith in economy minister, new economic model

The chairperson of one of the leading business conglomerates in Turkey, Güler Sabancı, has said she has full faith in Turkey’s Finance and Treasury...
Business

Albayrak’s ‘new economy approach’ unhelpful to Turkish lira’s free fall

Finance and Treasury Minister Berat Albayrak held a meeting on Friday at Dolmabahçe Palace in İstanbul to announce the policies Turkey would adopt for...
Business

Turkish lira crashes to record low on worries over economy, US row

Turkey’s lira plunged to 6.30 against the US dollar on Friday as worries about President Tayyip Erdoğan’s influence over monetary policy and worsening US...
Business

Erdoğan: If they have their dollars, we have our God

Turkish President Recep Tayyip Erdoğan on Thursday tried to calm the Turkish people over the historic loss in value of the Turkish lira against...
Business

Fitch says Turkey needs to quickly halt sharp slide of lira: report

Turkey needs to halt the sharp slide of the lira quickly, credit rating agency Fitch told Reuters on Thursday, warning the country's situation had...
Business

New economic model for Turkey to be announced on Friday: minister

Turkish Treasury and Finance Minister Berat Albayrak is set to announce a "framework for a new economic model" on Friday, the ministry has announced,...
Business

Turkey to build third nuclear plant in partnership with Chinese companies

Energy Minister Fatih Dönmez announced on Wednesday that Turkey would build its third nuclear power plant, to be located in the northwestern part of...
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