Turkey is on its way to becoming a motorcycle production hub
Turkey is rapidly advancing toward becoming a motorcycle production hub, driven by increased investments and strong market demand. The motorcycle
Read More
Economy News
Economy news in Turkey
İş Bankası General Manager: Inflation will drop to 22% and interest rates to 25% by the end of 2025
Hakan Aran, the General Manager of Türkiye İş Bankası, projected that inflation and interest rates would decrease by half in
Read More
Economy in Turkey: Public Sector Defends Turkish Lira Amid Dollar Surge with year-end forecast of 35 TL
The Turkish lira faced pressure this week as foreign investors, seeking to realize “carry trade” profits, drove a significant outflow
Read More
Economy in Turkey: How Did USD/TRY Start the Week?
The depreciation of the Turkish lira against the US dollar and euro continues. In Istanbul’s free market, the dollar began
Read More
Economy in Turkey: “ATMs Refilled Three Times a Day, 5,000-Lira Banknotes Should Be Introduced”
Over the past year, the frequency of ATM cash refills has increased from twice daily to three times. Due to
Read More
Announcement from Turkey’s Central Bank: “Housing Price Increases Lagged Behind Inflation”
The Housing Price Index (HPI) announced by the Central Bank of the Republic of Turkey (CBRT) showed a 26.8% annual
Read More
New Era in Electricity Bills: Effective from January 1
The Energy Market Regulatory Authority (EPDK) has published a new regulation on electricity consumption in the Official Gazette. Starting January
Read More
Turkey’s Rönesans Construction Group to Protect the Netherlands from Flooding for 100 Years
Rönesans Holding, in collaboration with the Dutch company Ballast Nedam acquired in 2015, is leading sustainable projects across Europe, focusing
Read More
Economy in Turkey: USD/TRY Hits Record High Overnight
The USD/TRY exchange rate reached an all-time high of 34.64 last night, breaking its historical record. In recent days, the exchange
Read More
Turkey Signs “Declaration to Triple Nuclear Energy”
At the World Climate Summit held in Baku, Azerbaijan, it was announced that Turkey, along with five other countries, signed
Read More
Minister of Agriculture and Forestry: “We have increased our agricultural export figures to 31 billion dollars”
Minister of Agriculture and Forestry, İbrahim Yumaklı, highlighted the significant increase in Turkey’s agricultural exports. Agricultural exports, which were $3.8
Read More