9.4 C
Frankfurt am Main
- Advertisement -spot_img

TAG

lira

Turkey’s inflation surges to 54.4 percent, highest since 2002: official data

Turkey's annual inflation rate in February hit a two-decade high, data from the statistics agency showed Thursday, amid President Recep Tayyip Erdoğan's unorthodox policies...

Turkey orders exporters to convert 25 percent of income to liras: report

Turkey will require exporters to convert a quarter of their revenue to liras, the latest step in the government’s efforts to boost its reserves...

Turks’ confidence in AKP economic policies declined in 2021: poll

More than 75 percent of Turks have said their confidence in the ruling Justice and Development Party (AKP)’s economic policies has decreased over the...

Turkish central bank sold $687 million in Dec. 10 market intervention

Turkey's central bank said on Friday it sold $687 million during its direct market intervention on Dec. 10 to support the ailing lira, bringing...

Turkey’s banking watchdog files complaints against 5 economists due to lira comments

Turkey’s Banking Regulation and Supervision Agency (BDDK) has filed criminal complaints against five economists including a former central bank governor due to their comments...

Erdoğan: Turkey has burst its forex bubble with latest measures

Turkey's President Recep Tayyip Erdoğan said on Friday the government had burst a bubble in the foreign exchange market by taking steps this week...

Controversial Halkbank commercial raises questions of profiteering on Turkish lira

A TV commercial released by Turkish state lender Halkbank less than 24 hours after President Recep Tayyip Erdoğan’s announcement on Monday of an emergency...

Turkey’s finance minister says ‘Look into my eyes’ for data on new economic plan

Turkey’s Treasury and Finance Minister Nureddin Nebati has been ridiculed on social media for asking a reporter to look into his eyes and tell...

Turkey’s banking watchdog threatens legal action over critical comments on exchange rate

Turkey’s Banking Regulation and Supervision Agency (BDDK) has announced that it will take legal action against people who share critical comments on social media...

Foreign shoppers swarm Turkey after lira crash

The sea of Bulgarian buses parked outside a market in Turkey's historic city of Edirne betrays the scale of the currency crisis impeding President...

Erdoğan’s shock moves revive Turkey’s ailing lira

Turkey's troubled lira extended on Tuesday a stirring recovery that erased nearly a month of historic losses after President Recep Tayyip Erdoğan introduced emergency...

Erdoğan vows Turkey’s inflation rate will fall

President Recep Tayyip Erdoğan vowed Sunday to rein in inflation decimating Turks' purchasing power and doubled down on his opposition to high interest rates,...

Latest news

- Advertisement -spot_img
Liked it? Take a second to support Turkish Minute on Patreon!
Become a patron at Patreon!