How Much Foreign Currency Did Turkey’s Central Bank Recently Sell and What Does This Tell Us?
Recently, the political turmoil following the detention of Istanbul Mayor Ekrem İmamoğlu has led to increased volatility in Turkey’s markets.
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Reuters shares amount of foreign exchange CBRT has sold to keep dolar TL rate at balance
Reuters reported that the net foreign exchange position of the Central Bank of Turkey (CBRT) decreased by $11.2 billion on
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Turkish Airlines (THY) cancels Heathrow flights due to fire in London
Turkish Airlines Press Spokesperson Yahya Üstün announced that flights to and from London Heathrow on March 21 have been canceled
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“Consumer confidence reaches highest level in 23 months”
In March 2025, Turkey’s Consumer Confidence Index increased by 4.6% to reach 85.9, the highest level since May 2023. This
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Economy in Turkey: Support for the Foreign Exchange and Stock Market from Two Directions
The sale wave that started in TL assets after the detention of Istanbul Metropolitan Municipality (IBB) Mayor Ekrem İmamoğlu was
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Politics in Turkey: Detention of Istanbul Metropolitan Mayor Imamoğlu sparks widespread international criticism
The detention of Istanbul Metropolitan Mayor Ekrem İmamoğlu has sparked widespread international criticism. Numerous foreign politicians, mayors, and organizations expressed
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JPMorgan Raises Turkey’s Year-End Interest Rate and Inflation Forecasts
JPMorgan, one of America’s largest banks, has raised its inflation and interest rate forecasts for Turkey following the surge in
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Breaking News: Ekrem İmamoğlu Arrested
Istanbul Metropolitan Municipality (İBB) Mayor Ekrem İmamoğlu has been arrested. Police teams are conducting a search at his residence. Arrest
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Breaking News: Dawn Operation Hits Turkish Markets Gold and Dollar Surge, Stock Market Crashes
Gram gold reached a new historic high of 3,716 TRY in the Grand Bazaar after an arrest warrant was issued
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Agreement Reached in Trump-Putin Meeting
A meeting between U.S. President Donald Trump and Russian President Vladimir Putin has resulted in an agreement that the Russia-Ukraine
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Earthquake in Turkey’s Politics: Ekrem İmamoğlu’s Diploma Revoked
Breaking news… İstanbul University has decided to revoke the diplomas of 28 individuals, including Istanbul Metropolitan Municipality (İBB) Mayor Ekrem
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