The Turkish central bank’s strategy for managing the lira is laying the ground for traders to enjoy even more of the world’s ...
Turkey’s central bank cut its key lending rate by a higher-than-expected 250 basis points to 47.5 percent on December 26, ...
Rates need to fall more before Turkish savers shift to stocks again, and 47% annual inflation doesn’t exactly signal a stable ...
Turkish inflation in December likely eased less than the central bank projected, just as policymakers have started to set the ...
Turkey's central bank cut its key interest rate by 250 basis points to 47.5% on Thursday, a bit more than expected, launching ...
Rising rental costs underscore the inadequacies of the new minimum wage, especially since 42 percent of Turks earn just the ...
Turkey's consumer price inflation eased further in December to the lowest level in one-and-a-half years amid a slowdown in costs for ...
Turkey’s central bank has lowered its key interest rate by 2.5 percentage points to 47.5%, carrying out its first rate cut in ...
Turkey's annual inflation rate slowed for the seventh consecutive month in December, official figures showed on Friday.
(Bloomberg) -- Turkey’s inflation rate fell more than expected last month, potentially making it easier for the central bank to cut interests rate again. Prices rose by an annual 44.4% in ...
December's figure is below the market expectation of 45.21%, also down from November's 47.09%, Anadolu Agency reported, ...
Demand within the country was slowing, helping to reduce inflation, it said. Inflation in Turkey surged in recent years due to declining foreign reserves and President Recep Tayyip Erdoğan’s ...