A former economy minister lambasted Turkish President Recep Tayyip Erdoğan on Friday after the president described an aggressive repo rate hike by the central...
Turkey’s central bank unexpectedly halted a nearly year-long easing cycle on Thursday by keeping its key interest rate unchanged at 8.25 percent and citing...
Turkey’s central bank cut interest rates to 8.75
percent on Wednesday, risking further lira weakness, in a bigger-than-expected
move aimed at limiting the economic damage of...
Turkey’s central bank will bring interest rates to
single digits within months, as demanded by President Recep Tayyip Erdoğan,
before they start to rise again next...
A new fatwa from Turkey’s top religious authority on
Tuesday said the government was allowed to take out loans with interest for its
public housing projects,...
Turkey's construction
sector is expected to revive in the third quarter of next year, said the head
of the Anatolian Side Contractors
Association, a construction group
operating on...
Sales of passenger cars and light commercial vehicles
in Turkey surged 127.5 percent year-on-year in October, the Automotive
Distributors Association said on Monday, after a sharp...
Turkish state lender Ziraat Bank said on Thursday that
it had lowered its interest rates on housing, consumer and corporate loans as
of Aug. 1, Reuters...
Turkey’s lira weakened on Monday after President Recep
Tayyip Erdoğan dismissed the central bank governor, reigniting concerns about
political interference in monetary policy and expectations of...
