Central Bank of Türkiye
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Turkiye’s Central Bank Cuts Benchmark Rate to 42.5% to Support Disinflation Strategy
Benchmark 1-week repo rate lowered to 42.5% from 45% The Central Bank of the Republic of Türkiye on Thursday lowered…
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Turkiye’s external assets at $366.2B in December 2024
Country’s net international investment position at minus $294.7B last December Türkiye’s external assets came in at $366.2 billion in December,…
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Turkiye Strengthens Financial Independence with TROY Payment Expansion
The Economic Coordination Committee (EKK), Türkiye’s government body responsible for economic policy management, convened on Friday to evaluate decisions related…
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Turkiye Cuts Interest Rate by 250 Basis Points, Easing Monetary Policy
Benchmark 1-week repo rate lowered to 45% from 47.5% The Central Bank of the Republic of Türkiye on Thursday trimmed…
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Türkiye’s Home Sales and Consumer Confidence Data to Shape Business Outlook
This week will see the release of some important data, including home sales, consumer confidence and Moody’s decision on Türkiye’s…
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Türkiye’s Private Sector Foreign Debt Rises $14 Billion in 2024, Reaching $175.7 Billion
Foreign debt of Türkiye’s private sector rose $14B from end-2023, according to official data Turkish private sector loans reached $175.7…
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Netherlands Tops FDI to Turkiye with $9.6 Billion Inflows in First 11 Months
Netherlands largest source of FDI, accounting for 20% of total, says sectoral group Foreign direct investment (FDI) flows to Türkiye…
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Türkiye Posts $2.87B Current Account Deficit with $3.4B Surplus Excluding Gold and Energy
Excluding gold and energy, current account sees net surplus of $3.4B Türkiye posted a current account deficit of $2.87 billion…
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Turkiye’s service inflation records first decrease in three years
The Turkish Statistical Institute reported on Tuesday that the service producer price index decreased by 0.76% in November compared to…
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Turkiye’s economy in 2024: A year of change and policy shifts
Turkish economy saw bold monetary shifts, taming inflation to a 17-month low and earning global credit upgrades despite rising unemployment…
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