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Turkey’s annual inflation rises to 19.71 pct in March

Turkey’s annual consumer price inflation rose to 19.71 percent in March, official data showed on Wednesday, slightly exceeding poll forecasts as food prices jumped despite unorthodox...

Turkey crisis puts fear into emerging markets: report

Turkey is spiraling into a deep economic crisis as foreign exchange reserves collapse and capital flight overwhelms the regime of President Recep Tayyip Erdoğan, the Telegraph daily...

Turkish lira’s swap rates see highest since 2001 economic crisis

The Turkish lira’s overnight swap rate in London soared on Tuesday to 330 percent, and the weekly swap rate rose to 125 percent, according to Refinitiv...

Central bank’s international reserves melting, Turkish officials say nothing about it: report

The Turkish Central Bank’s net international reserves fell $6.3 billion in the two weeks through March 15 to $28.5 billion, according to data published Thursday, Bloomberg...

Turkish central bank keeps interest rates unchanged ahead of election

Turkey’s central bank kept its benchmark interest rate on hold on Wednesday, sticking to a promise to stand firm on inflation even as the...

Interest rates will drop in course of economic recovery says Turkey’s finance minister

Turkish Treasury and Finance Minister Berat Albayrak on Friday said interest rates should be decreased and that they would drop with an economic recovery...

Turkey’s central bank trims 2019 inflation forecast from 15.2 pct to 14.6 pct

Turkey’s central bank cut its 2019 inflation forecast to 14.6 percent from a previous 15.2 percent, bank governor Murat Çetinkaya said on Wednesday, Reuters...

Turkish central bank begins disbursing $6.3 billion profit to shareholders

Turkey’s central bank said on Friday it had begun disbursing dividends worth 33.7 billion Turkish lira ($6.30 billion) to shareholders after moving forward its...

Turkish Central Bank keeps interest rates unchanged

Turkey’s central bank on Wednesday ruled to keep its one-week repo rate -- also known as the policy rate -- constant at 24 percent,...

Turkey’s lira slides, hit by global sell-off and central bank worries

Turkey’s lira slid 2 percent more against the dollar on Thursday, swept up in a global market sell-off and investor worries that lower-than-expected inflation...

Turkey’s annual inflation falls to 20.3 percent in December

Turkey’s annual rate of consumer price inflation fell to 20.3 percent last month, according to figures released on Thursday by the Turkish Statistics Institute...

Turkey’s central bank keeps interest rates unchanged

Turkey’s central bank left its benchmark interest rate unchanged on Thursday, as expected, easing investor concerns over an early loosening after inflation eased from...

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