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Beyond the Bosporus: Two bottles of Coke – how inflation wiped out purchasing power of Turkey’s largest banknote
By Akin Nazli in Belgrade When Turkey introduced its 200-lira banknote in 2009, it was billed as a symbol of newfound monetary stability following years of hyperinflation. Worth roughly $130 at the ...
Turkey has raised its year-end inflation forecast to 28.4%, Vice President Cevdet Yilmaz said on Sunday when he unveiled the country's medium-term economic programme for 2027-2029. "We expect ...
The Organisation for Economic Co-operation and Development (OECD) on Wednesday sharply raised its 2026 and 2027 inflation ...
Turkish consumer price inflation rose to 1.84% month-on-month in August, just below expectations, while the annual figure was 31.51%, data from the Turkish Statistical Institute showed today.
Billions of dollars worth of gold is held in Turkish households outside the banking system. The government aims to convince citizens to put it into the mainstream financial system to help the economy.
Turkey’s central bank has held its key policy rate at 37% for the fifth consecutive meeting of its monetary policy committee.
Turkey's consumer price inflation moderated in June to the lowest level in three months, figures from the Turkish Statistical Institute showed on Friday. Consumer price inflation slowed to 32.11% in ...
AL-MONITOR is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
ISTANBUL- Turkey's 2027 inflation target in its medium-term programme is regarded as realistic by markets, provided that the Iran war does not continue next year, Finance Minister ...
Free Malaysia Today on MSN
Turkey lifts year-end inflation forecast to 28.4%
Vice-president Cevdet Yilmaz says the war in the Middle East played a key role in the upward revision of the inflation outlook.
Experiencing inflation in TurkeyThere was another interesting thing I noticed while traveling in Turkey.It was inflation.At the time, Turkey was experiencing quite high, persistent inflation. Of ...
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