The USD/TRY exchange rate continued its uptrend and reached its all-time high amid a potential divergence between the Federal ...

President Recep Tayyip Erdogan marked the launch of Turkey’s “Year of the Family” with an attack on the LGBTQ+ community and the announcement of measures to boost birth rates ...

Turkey's industrial production grew for the first time in six months in November, driven by strong growth in the utility sector, the ...

Turkey’s central bank lowered its main interest ... lure back foreign investors who were deterred by years of low interest rates when the country was experiencing severe bouts of inflation.

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 ...

Turkish inflation eased in December, likely reassuring the country's central bank after it cut its key interest rate for the first time since 2023 last month. Consumer prices were 44.4% higher on year ...

Turkey’s central bank cut its policy rate by 250 basis points to 47.5% 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 ...

ANKARA — Turkey’s Central Bank on Thursday lowered its interest rates by 250 basis points, from 50% to 47.5%, easing the monetary tightening policy of the past 18 months. “The decisiveness regarding ...

Turkey’s President Recep Tayyip Erdogan said interest rates will fall in 2025 as he once again stated his unconventional belief that lowering interest rates will slow down price increases. “We ...

ANKARA, Turkey (AP) — Turkey’s central bank lowered its key ... Most economists argue that higher interest rates help control ...

(Bloomberg) -- Turkey lowered interest rates for the first time in almost two years but said it would remain cautious about future cuts, with inflation only just below 50% and nearly 10 times the ...