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Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its second rate cut in as many months as official figures showed inflation was easing. The ...
Turkey’s central bank hiked interest rates again on Thursday, pressing ahead with more conventional economic policies recently embraced by President Recep Tayyip Erdogan to fight inflation.
Turkey’s central bank delivered another massive interest rate cut Thursday despite eye-popping inflation above 80%, moving the opposite way from world economies that are raising rates to control ...
Turkey's exports as percentage of imports. A longstanding characteristic of Turkey's economy is a low savings rate. [17] Since Recep Tayyip Erdoğan assumed control of the government, Turkey has been running huge and growing current account deficits, $33.1 billion in 2016 and $47.3 billion in 2017, [18] climbing to US$7.1 billion in the month of January 2018 with the rolling 12-month deficit ...
The Borsa İstanbul (abbreviated as BIST) is the sole exchange entity of Turkey combining the former Istanbul Stock Exchange (ISE) (Turkish: İstanbul Menkul Kıymetler Borsası, IMKB), the Istanbul Gold Exchange (Turkish: İstanbul Altın Borsası, İAB) and the Derivatives Exchange of Turkey (Turkish: Vadeli İşlem Opsiyon Borsası, VOB) under one umbrella.
Corruption in Turkey is an issue affecting the accession of Turkey to the European Union. [ 1 ] [ 2 ] Transparency International 's Corruption Perception Index scores 180 countries according to their perceived level of public sector corruption on a scale of 0 (very corrupt) to 100 (very honest). [ 3 ]
Turkey’s central bank raised its key interest rate by 5 percentage points Thursday, another large but expected hike that signals a continued push toward more traditional economic policies under ...
[101] [102] According to the Secretary General of the TEA, Bader Arslan, Turkey's yearly income from TV exports will exceed 1 billion U.S. dollars by 2023. [102] Turkish series "dizi" are exported to approximatively 140 countries around the world. Today, there are about 45 production companies and 150 active film directors in Turkey.