turkish lira
- Markets
Turkiye: Dollar started the week above ₺32 in the Istanbul free market
In the Istanbul free market, the dollar started the week at ₺32.0020 and the euro at ₺35.0830. The dollar bought…
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Turkish Textile Manufacturers Consider Shifting Investments to Egypt Amid Promising Reforms
Turkish textile manufacturers are considering shifting their investments to Egypt due to its currency devaluation and promised reforms, Bloomberg reported…
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Turkish Treasury posts $12.8 Billion cash deficit in January-February
Treasury’s interest payments amounted to $5.1B last month, ministry says The Turkish Treasury’s cash balance saw a deficit of 405.4…
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Turkiye’s Central Bank Sets New Loan Growth-Based Reserve Requirements
Turkiye’s Central Bank announces new reserve requirements to regulate loan growth and stabilize the currency, marking a significant policy shift.…
Read More » - Real Estate
Where in Europe have property prices increased the most since 2015?
Hungarian house prices have climbed by more than 166% since 2015, but there’s a country with an even more eyewatering…
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Turkish Finance Minister: There will be no general increase in tax rates
Minister of Treasury and Finance Mehmet Simsek made statements. Minister Simsek said, “There will be no general increase in VAT,…
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Foreign trade in Turkish lira approached ₺210 billion in two months of the year
Foreign trade in Turkish lira increased by 39.4% in the first two months of the year compared to the same…
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Turkish stock exchange begins Friday looking up
BIST 100 index earns around 24.6 points at opening session The Turkish benchmark stock index opened Friday at 9,218.30 points,…
Read More » - Turkiye
Turkiye’s minimum wage erodes by $19 in one month after dollar hits historic high
Turkiye’s minimum wage of 17,000 lira eroded by $19 in one month after workers received their first salaries with the…
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