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Turkish lira advances highs against US dollar

6.2.2017 13:30

Turkish lira advances highs against US dollar Turkish lira/US dollar exchange rate falls under 3.6702 for the first time in 4 weeks

Turkish Airlines, Halkbank stakes transferred to wealth fund

6.2.2017 12:50

Turkish Airlines, Halkbank stakes transferred to wealth fund According to the Turkish Privatization Authority on Monday, The Treasury's 49.12 percent stake in the national flag carrier Turkish Airlines and 51.11 percent shares in the state-lender Halkbank have ...

Turkish Airlines to launch flights to Mexico City

4.2.2017 12:35

Turkish Airlines to launch flights to Mexico City Foreign Minister Mevlut Cavusoglu stressing the importance of improved access between Mexico and Turkey, said that Turkey's flag carrier Turkish Airlines is planning to launch direct flights to Mexico...

Turkey's annual inflation report released

3.2.2017 13:30

Turkey's annual inflation report released According to a Turkish Statistical Institute (TurkStat) report released Friday, Turkey's annual inflation rate was 9.22 percent in January.

World Bank releases forecast report on Turkey's growth for 2016

2.2.2017 14:50

World Bank releases forecast report on Turkey's growth for 2016 The bank said in its economic report on Thursday that the World Bank has revised its growth forecast for Turkey in 2016 to 2.1 percent from 3.1 percent.

Turkish lira hits 3-week high against US dollar

2.2.2017 13:15

Turkish lira hits 3-week high against US dollar After amid Fed's decision to keep interest rates unchanged, Turkish lira gained to a 3-week high against the U.S. dollar.

Turkish Exporters' Assembly reveals export figures

1.2.2017 14:50

Turkish Exporters' Assembly reveals export figures According to data from the Exporters’ Assembly of Turkey (TIM) revealed on Wednesday, Turkey's exports increased by 15 percent in January, the highest rise in last 49 months.

Russian Federation Council approves TurkStream project

1.2.2017 13:20

Russian Federation Council approves TurkStream project Russia's Federation Council approved the TurkStream natural gas pipeline project agreement with Turkey on Wednesday.

Apple sale up in 2016, record sales numbers!

1.2.2017 13:10

Apple sale up in 2016, record sales numbers! The company announced Tuesday that Apple saw its revenue and iPhone sales generated record numbers in the last quarter of 2016.

Preparation for great profiteering

1.2.2017 12:20

Preparation for great profiteering The Ministry of Food, Agriculture and Livestock has come up with a big hit claim.

Turkey's foreign trade deficit lowered in 2016

31.1.2017 13:35

Turkey's foreign trade deficit lowered in 2016 The country's foreign trade deficit in 2016 decreased by 11.7 percent from previous year's $63.3 billion total, the report said.

Economic confidence index lowered in January

30.1.2017 13:20

Economic confidence index lowered in January According to official data released on Monday, the economic confidence index in Turkey was lower month-on-month in January.

Fitch downgrades Turkey's rating with stable outlook

28.1.2017 17:06

Fitch downgrades Turkey's rating with stable outlook The global rating agency announced onFriday that Fitch Ratings lowered Turkey's credit rating to "BB+", from "BBB-" with a stable outlook.

Turkish Central Bank reduces monetary policy meetings

28.1.2017 13:00

Turkish Central Bank reduces monetary policy meetings The Turkish Central Bank has reduced its number of Monetary Policy Committee (MPC) meetings from 12 to eight times a year, the bank said Saturday.

S&P holds steady Turkey's credit rating at

28.1.2017 12:30

S&P holds steady Turkey's credit rating at "BB" The Standard & Poor's (S&P) ratings agency kept Turkey's credit rating unchanged Friday, but lowered its outlook to "negative" from "stable".

Dollar increased speed again

26.1.2017 15:50

Dollar increased speed again The Dollar rose against Turkish Lira, now sees process 3.86 in markets.

Competition to win the Canakkale bridge project

26.1.2017 15:35

Competition to win the Canakkale bridge project Turkey's highways authority has gotten bids from four international consortiums to build, operate, and maintain a new 10 billion Turkish lira ($2.61 billion) suspension bridge over the Dardanelles (Ca...

Fitch: Global economy to grow in 2017

26.1.2017 12:25

Fitch: Global economy to grow in 2017 The global economy will grow by 2.9 percent in 2017, according to Fitch on Wednesday.

Housing sales are matchless in Turkey

24.1.2017 12:40

Housing sales are matchless in Turkey According to the Turkish Statistical Institute, annual property sales in Turkey rose by 4 percent in 2016.

Central Bank maintains tight Turkish lira liquidity

23.1.2017 13:01

Central Bank maintains tight Turkish lira liquidity Central Bank skips repo auction for eight trading day to stem sharp decline in lira's value against other currencies.

Turkish central bank to launch forex depot market

18.1.2017 12:59

Turkish central bank to launch forex depot market Turkish central bank has announced to open foreign exchange depot market to enhance flexibility and instrument diversity.

Ford recalls over 4,500 Kuga model cars in South Africa

17.1.2017 12:21

Ford recalls over 4,500 Kuga model cars in South Africa Kuga 1.6 liter model cars are reportedly bursting into flames while being driven in some parts of the country.

Turkey's budget deficit at $7.81BN for 2016

16.1.2017 14:26

Turkey's budget deficit at $7.81BN for 2016 Budget expenditure for 2016 rose to 583.7 billion liras ($155.6 billion), marking 15.3 percent increase year-on-year.

Bank of China to set up deposit bank in Turkey

15.1.2017 12:24

Bank of China to set up deposit bank in Turkey BOC to operate a deposit bank in Turkey by investing $300 million.

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