
Erdoğan announces new investment program
He wants to preserve macroeconomic stability, raise production and welfare
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He wants to preserve macroeconomic stability, raise production and welfare
Finance Minister Berat Albayrak believes that austerity will help to reduce inflation growth
Ankara cuts investment levels for citizenship, property sales seen boosted,
IFC invests $1.1 bln in Turkey in 2018 fiscal year
The Turkish leader described the sudden fall in the value of the lira last month as an 'economic assassination attempt'
The Central Bank of Turkey increases interest rates to curb inflation
The Central Bank of Turkey increased its benchmark interest rate on Thursday to 24 percent, a hike of 625 basis points from the previous rate of 17.75 percent. The Turkish lira jumped more than 5 percent on the news, firming to around …
The countries agreed to use local currencies in trade
Would Turkey's Central Bank take all necessary steps to combat inflation?
Indonesia, Malaysia, the Philippines and India may suffer most of all
S&P Global Ratings and Moody’s lowered Turkey’s ratings, saying they could be upgraded with certain economic improvements. Standard & Poor’s said it lowered the country’s long-term foreign …
Lower lira draws tourists from the Celestial Empire to Turkey
Trump's world war destroys American business
Economic wars and the emergence of a new chaotic world order
U.S. actions have provoked a number of countries to switch towards trading in national currencies, and Turkey is actively discussing it with Russia, China and other countries," Turkish President Recep Tayyip Erdogan’s …
The Turkish President announced Ankara's intention to switch to the national currency payments in relations with the leading trade partners
Turkey has drafted a economic action plan and will start implementing it this morning to ease investor concerns, the country's Finance Minister Berat Albayrak said. In an interview with Hurriyet newspaper, Albayrak …
Turkey’s national currency - lira tumbled to another record low against the dollar today. The lira traded down 9% against the U.S. dollar at 6.04 and briefly fell more than 12%. Then lira pared some of its losses to trade at …
Turkey vowed retaliation for U.S. sanctions as the multiplying divisions separating the NATO allies overshadowed their longtime strategic ties
Turkey and Iran have reached an agreement on the exchange of Turkish lira with Iranian rial in banking transactions, Iran’s Deputy Minister of Industry, Mine and Trade Sadeq Najafi said. Speaking on the …