Turkey News

Turkey Implements Short Selling Ban on Istanbul Stock Exchange to Stabilize Markets

Turkey's Capital Markets Board bans short selling on Istanbul Stock Exchange and eases regulations on share buybacks to stabilize markets and protect investors, effective March 24,...

Political Turmoil Triggers Over 8% Plunge in Turkey's BIST 100 Index

Turkey's BIST 100 index plunged over 8% amid political instability following the arrest of Istanbul Mayor Ekrem Imamoglu, a key opposition figure, on charges of corruption and terr...

Turkey's Bold Moves to Stabilize Financial Markets Amidst Political Turmoil

Amid political crisis and market instability, Turkey's Minister of Treasury and Finance, Mehmet Simsek, assures the government's commitment to stabilizing the markets and continuin...

Turkey's Central Bank Vows to Continue Tight Monetary Policy to Combat Inflation

Turkey's Central Bank, under Governor Fatih Karahan, is committed to a tight monetary policy to reduce inflation to 24% by year-end. Despite recent rate adjustments, the bank is de...

Turkey's Central Bank Slashes Key Rate to 42.5%: A Bold Move Amid Economic Challenges

Turkey's Central Bank has reduced its key interest rate to 42.5%, a strategic move aimed at addressing the country's economic challenges and stabilizing the currency. This decision...

Turkey Sees a Slight Dip in Inflation Rates from 42.12% to 39.05% in February

Turkey's annual inflation rate decreased to 39.05% in February from 42.12% in January, with the Consumer Price Index rising 2.27% month-on-month. Key sectors like 'Clothing and foo...

Turkey Witnesses a Significant Drop in Inflation Rates to 39.05% in February

Turkey's annual inflation rate decreased to 39.05% in February from 42.12% in January, with the Consumer Price Index rising 2.27% month on month. Clothing and footwear saw the lowe...

Turkey Sees a Slight Dip in Inflation Rates to 39.05% in February, What Does This Mean?

Turkey's inflation rate decreased to 39.05% in February from 42.12% in January, with the education sector experiencing the highest increase at 94.90%. The core CPI, excluding volat...

Turkey Sees Significant Drop in Inflation Rate to 39.05% in February

Turkey's inflation rate dropped to 39.05% in February from 42.12% in January, with the CPI rising 2.27% month on month. Education saw the highest annual increase at 94.90%, while c...

A Significant Drop: Turkey's Inflation Rate Decreases to 39.05% in February

Turkey's annual inflation rate decreased to 39.05% in February, down from 42.12%, with a month-to-month CPI rise of 2.27%, indicating a potential economic stabilization.

Turkey Slashes Interest Rates to 45%: A Bold Move Towards Economic Stability

The Central Bank of Turkey cuts its policy rate to 45% in response to inflation trends, reaffirming its commitment to achieving price stability and a 5% inflation target through ti...

Turkey Sees a Slight Dip in Annual Inflation Rate, Dropping to 44.38% in December

Turkey's annual inflation rate decreased to 44.38% in December from 47.09% in November. Education and housing prices saw the highest increases, while transportation and clothing ex...

Turkey Slashes Interest Rates to 47.5%: A Bold Move to Stabilize Economy

The Central Bank of the Republic of Turkey has cut its key interest rates to 47.5%, the first reduction since February 2023, aiming to stabilize the economy by addressing inflation...

Turkey's Annual Inflation Drops to 47.09% in November: A Slight Relief Amidst Economic Challenges

Turkey's annual inflation rate dropped to 47.09% in November, down from 48.58% in the previous month. Despite the decline, education and housing prices saw the highest increases, w...