developments
- Markets
Turkish Central Bank raises inflation forecasts for 2021-22
Country’s year-end inflation rate projected at 12.2% for this year, 7.5% for 2022, both up from bank’s previous report Turkey’s…
Read More » - Business
Turkish defense giant Aselsan makes Q1 profits of $147M
Company’s net profit increases by 34% y-o-y in 1st quarter of 2021 as it continues to grow Turkey’s leading defense…
Read More » - Turkiye
Turkey detains 4 person in Vebitcoin investigation
Turkish authorities have blocked the onshore bank accounts of Vebitcoin and detained four people as part of an investigation into…
Read More » - Markets
Turkish economy: Total turnover up in February
Total turnover index including industry, construction, trade, and services sectors posts 30.4% annual rise The Turkish economy saw a 30.4%…
Read More » - Markets
Turkish Central Bank hikes interest rates, surprising markets
Bank raises 1-week repo rate, also known as policy rate, 200 basis points from 17% to 19% The Turkish Central…
Read More » - Business
Global oil demand to increase 6.41% in 2021: OPEC
Crude output increases mainly in Saudi Arabia, Venezuela and Iran but decreases in Libya, Nigeria and Iraq, says OPEC Global…
Read More » - Business
Turkey: Manufacturing PMI signals strong improvement
PMI increases to 54.4 in January, up from 50.8 in December, London-based data firm says The Purchasing Managers’ Index (PMI)…
Read More » - Turkiye
Turkish economy: Total turnover jumps 38.9% in November
Total turnover index including industry, construction, trade, and services sectors climbed 38.9% on annual basis Turkey’s turnover index soared 38.9%…
Read More »