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Business
Turkey’s banking watchdog sets deposit ratio to boost loans
Turkey's BDDK banking regulator said on Saturday it was setting a minimum level for banks' loan ratios to promote…
Turkey’s monthly budget deficit almost doubles
Turkey’s monthly budget deficit almost doubled in March to 43.7 billion liras ($6.4 billion) from the 24.5 billion…
Turkey not planning to make deal with IMF – presidential spokesman
Turkey is not planning to make an agreement with the International Monetary Fund, a presidential spokesman said on…
Turkey’s automotive face tough times amid COVID-19 pandemic
The latest survey by the Turkish Vehicle Supply Manufacturers Association’s (TAYSAD) shows that more companies are…
Two million lost jobs in Turkey over coronavirus measures, opposition says
More than two million workers in Turkey have lost their jobs due to measures taken to contain the coronavirus…
Turkey’s GDP forecast to shrink 2.3 percent on coronavirus impact: BAML
Bank of America Merrill Lynch (BAML) has revised Turkey’s economic growth forecast downwards for 2020 due to the…
Turkey’s trade deficit increases 72 percent in February
Turkey's trade deficit increased by 72 percent to $2.981 billion in February according to initial foreign trade…
Turkish lira, airlines hit as coronavirus spreads
The Turkish lira weakened 0.7% against the dollar on Monday as the number of coronavirus cases continued to surge…
Turkey’s lira slides as tourism, trade brace for virus impact
Turkey's lira tumbled nearly 1% on Friday as coronavirus cases surge and analysts predicted very little growth this…
Turkish lira plummets 10% in 2020
The Turkish lira slipped 0.8% on Monday to its lowest level since September 2018, as a surge in domestic…