The cooling trend could reassure policymakers at the Turkish central bank, which held its key rate in May after hiking it in April. Annual inflation in June 2024 was at 71.6%, near recent highs. Write ...

Turkey’s state energy company BOTAŞ has increased wholesale natural gas prices, with residential consumers facing an average ...

A cost of living crisis and social unrest are throwing the strongman leader’s plan to stay in power into jeopardy ...

The US appears to be now treading the familiar path that recently got emerging market economy of Turkey into economic trouble. The US is increasingly disregarding central bank independence, ...

Turkey’s government plans to skip a mid-year increase in the minimum wage, according to people with knowledge of the matter, ...

We were asked by a journalist yesterday whether we felt the FX market had. After some consideration, we said no. While ...

Turkey has been battling runaway inflation and a collapsing currency for years. Since 2005, the Turkish lira has lost 96% of ...

The Turkish lira was in free fall, inflation was soaring, and economists were warning of a full-scale financial crisis. But ...

Turkey's high real rates contribute to the fight against inflation even as they harm economic growth, Omer Aras, executive at the business group TUSIAD which this year clashed with President ...

ISTANBUL: Turkey's high real rates contribute to the fight against inflation even as they harm economic growth, Omer Aras, executive at the business group TUSIAD which this year clashed with President ...

Gold prices fell in United Arab Emirates on Thursday, according to data compiled by FXStreet. The price for Gold stood at 395 ...

Inflation has slowed to the lowest level since 2021, sparking speculation that the central bank could resume easing monetary policy amid mounting pressure on Turkey's finance chief — but analysts ...