A money changer holds Turkish lira and U.S. dollar banknotes at a currency exchange office in Ankara, Turkey December 16, 2021. Cagla Gurdogan | Reuters Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the Turkish Statistical Institute’s report released Wednesday. The monthly rise … Read more
As the sunsets, a ferry boat glides across the waters of the Golden Horn with the Suleymaniye Mosque and the city of Istanbul, Turkey in the background. Vw Pics | Universal Images Group | Getty Images Turkish President Recep Tayyip Erdogan once said that whoever wins Istanbul wins Turkey. If that’s the case, the stakes … Read more
The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the Turkish Statistical Institute said Monday, coming in above expectations. Analysts polled by Reuters had anticipated annual inflation would climb to 65.7% last month. The combined … Read more
Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024. Emin Sansar | Anadolu | Getty Images Turkey’s newly appointed central bank governor, Fatih Karahan, has his work cut out for him, after being named to the job by presidential decree over the weekend following the sudden … Read more
Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on Thursday hiked its key interest rate, the benchmark one-week repo rate, by another 500 basis points to 40%. The hike was double economists’ expectations, who had … Read more
Elon Musk, CEO of Tesla and proprietor of X, arrives for the Inaugural AI Perception Discussion board in Russell Constructing on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Name, Inc. | Getty Photographs Turkish President Recep Tayyip Erdogan invited Elon Musk to construct his subsequent Tesla manufacturing facility in Turkey, the … Read more
Turkey on Sunday voted for one more 5 years of the management of Recep Tayyip Erdogan, the highly effective, nationalist president who now enters his third decade in energy. Russian President Vladimir Putin was among the many leaders that congratulated Erdogan on his win on Monday, calling him a “pricey pal,” in line with the … Read more
A person holding a Turkish flag. Uriel Sinai | Getty Photographs The Turkish lira sank Monday as incumbent Recep Tayyip Erdogan secured his victory within the 2023 presidential election, extending his rule into a 3rd decade in energy. The forex was buying and selling at 19.97 towards the buck as of Monday 4 a.m. London … Read more
Turkey’s President and chief of the Justice and Growth (AK) Occasion Recep Tayyip Erdogan delivers a speech throughout his partys group assembly on the Turkish Grand Nationwide Meeting (TGNA) in Ankara, on Could 18, 2022. Adem Altan | AFP | Getty Pictures Turkey’s Election Board on Sunday confirmed that Recep Tayyip Erdogan has gained Turkey’s … Read more
Marketing campaign posters of the thirteenth Presidential candidate and Republican Individuals’s Social gathering (CHP) Chairman Kemal Kiliçdaroglu (L) and the President of the Republic of Turkey and Justice Growth Social gathering (AKP) President Recep Tayyip Erdogan (R) are seen displayed. Tunahan Turhan | Sopa Photographs | Lightrocket | Getty Photographs The results of the primary … Read more