Turkish economy
- Business
CBRT Survey Reveals Dollar, Inflation, Interest Rate Forecasts for 2024
The Central Bank of Turkiye (CBRT) announced the results of the April market participants survey. In the market participants’ survey,…
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CBRT Reserves Surge to $126.9 Billion, Up $3.745 Billion in One Week
Total reserves of the Central Bank of the Republic of Turkiye (CBRT) increased by $3 billion 745 million in the…
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CBRT Governor Karahan Emphasizes Inflation Fight as Top Priority
CBRT President Fatih Karahan: “Our next strategy, our biggest priority is to fight inflation and accumulate as much reserves as…
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Total turnover in Turkish economy up by 85.1% in February
Construction sub-index posts highest annual rise in turnover The total turnover index in the Turkish economy, including industry, construction, trade,…
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Turkiye’s March Budget: Revenues Reach ₺483.8 Billion, Expenses Hit ₺692.8 Billion
Turkiye’s central government budget revenues were ₺483 billion 842 million and expenses were ₺692 billion 807 million in March. The…
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Israel Responds to Turkiye’s Export Restriction with Plans for Countermeasures
Israeli Foreign Minister Katz announced that they will prepare a list of products whose exports will be restricted in response…
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Exports Surge in 57 Turkish Provinces During First Quarter of the Year
The Ministry of Commerce reported that 14 provinces exported over $1 billion in the January-March period, and exports increased in…
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THY Sets New Passenger Record in 2023, Carrying 83.4 Million Travelers
Despite global geopolitical tensions and macroeconomic uncertainties, THY broke an all-time record by carrying 83.4 million passengers last year, thanks…
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Turkiye’s Inflation Figures Released: March Sees 3.16% Monthly Increase, 68.50% Annually
Inflation increased by 3.16% on a monthly basis in March 2024 and reached 68.50% annually. Turkish Statistical Institute (TUIK) announced…
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Goldman Sachs Forecasts Positive Performance for Turkish Lira Post-Election
In its first assessment published after the election, Goldman Sachs stated that it expected a positive performance for the Turkish…
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