US Dollar rises on the first day of the week after Trump meets with economist Taylor

US Dollar started the day with a rise and fluctuated between 3.64- 3.65 against Turkish Lira. News about President Trump’s meeting with John Taylor, an economist with Stanford University and prospects of US president to appoint Taylor as new FED president caused an increase in US interest rates as well as the dollar. The US dollar / TL fluctuated More...

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Foreign direct investment in Turkey
By Editor On Tuesday, October 17th, 2017
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Foreign direct investments in Turkey increase by 28.8 percent in 8 months

It is reported that foreign direct investments in Turkey amounted to about 4.9 billion dollars in 8 months of this year corresponding to an increase of 28.8 percent over the same period in 2016. It was also observed More...

Turkey will allocate largest portion of its budget for education
By Editor On Tuesday, October 17th, 2017
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Turkey to allocate largest portion of 2018 budget for education and defense

Turkey’s Finance Minister Naci AGBAL has stated that education sector will use largest part of the 2018 budget, while defense ranks second in the line. AGBAL declared that Turkey’s budget expenditures are More...

Central Bank Governor says inflation will gradually decrease in Turkey
By Editor On Monday, October 16th, 2017
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Central Bank of the Republic of Turkey (CBRT) says inflation will gradually descend

Mr. MURAT CETINKAYA, the President of the Central Bank of Turkey has commented that the effects of monetary policy on inflation will start to become more apparent in the upcoming period and they expect the inflation More...

Economy Minister expects Turkey to be number one in G20
By Editor On Sunday, October 15th, 2017
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Turkey’s Economy Minister says Turkey will be number one in G20

Speaking at the AK Party Kütahya 6th Ordinary Central District Congress, Mr. ZEYBEKCI, Turkey’s Minister of Economy pointed out to the to the third quarter growth rates and stated that Turkey would perform better More...

By Editor On Friday, October 13th, 2017
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Turkey’s government to increase corporate tax to 22 percent

Turkish government has decided to take additional fiscal measures to balance its budget. The government, which is seeking to launch a new attack in economy with the “Medium Term Economic Program” has begun More...

British government starts "direct foreign investment" projects in 6 countries
By Editor On Friday, October 13th, 2017
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UK determined to improve its economic relations with Turkey

Despite major political and economic problems TURKEY has gone through in recent years, some of its partners in the western world have not refrained from extending their support. Among these the United Kingdom has More...

By Editor On Monday, October 9th, 2017
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Turkey’s Economy Minister: Our economy will not be affected by speculative operations

Economy Minister Nihat ZEYBEKCI has made evaluations following the visa crisis experienced with the USA. Zeybekci explained via social media that Turkey’s economy had proven many times that it will not be affected More...

By Editor On Monday, October 9th, 2017
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Turkish lira goes down against US dollar after visa crisis with USA

The Turkish lira depreciated against the dollar following the USA announcement that it would not issue a visa for Turkish citizens and retaliation from Turkey. The dollar was around 3.60 before mutual disclosure. More...

By Editor On Tuesday, October 3rd, 2017
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The Turkish Statistical Institute (TUIK) releases inflation figures for September 2017

Based on figures data circulated by TUIK, consumer price index (TÜFE) went up by 0.65 percent and domestic producer price index (Yİ-UFE) went up by 0.24 percent in September 2017. Annual inflation became 11.20 More...

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