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Turkey’s Central Bank governor sacked for resisting 300 point rate cut…
Turkish Central Bank governor Murat Cetinkaya was fired after allegedly resisting an order by President Tayyip…
Fitch downgrades 14 Turkish banks’ rating
U.S. credit agency Fitch downgraded 14 Turkish banks’ credit score to negative. According to the Fitch statement…
Turkey struggles to keep oil prices stable: new increases in petrol and…
There are new price increases in petrol and diesel as the Turkish market is once more struggling to keep oil prices…
Erdogan says Turkey will make serious interest rate cuts
Turkish President Recep Tayyip Erdogan has insisted the country will apply serious interest rate cuts, a Turkish…
Turkish lira slides after S-400 deliveries start
The Turkish lira weakened as far as to 5.77 to the dollar on Friday after it had emerged that the delivery of the…
300,000 lose jobs in a month as Turkey’s unemployment soars to record high
Turkey’s official unemployment statistics reached a historic high as the number of jobless people soared to 4,417…
Turkish motorists get small reprieve as fuel prices drop
Turkey reduced petrol prices by 11 kurus per liter at midnight only two days after it hiked the price by 27 kurus.
Turkey increases brand new car prices as tax cut fails
The Turkish government has taken a decision not to extend the 15 percent Special Consumption Tax (OTV) cut on small…
Price hikes send petrol prices soaring to over seven lira a liter in…
Petrol prices continue to burn a hole in Turkish citizens’ wallets, with a 25 kurus hike set to go into effect…
Turkey increases electricity price by 15 percent, a second one after…
The price of electricity has been increased by 15 percent in Turkey by the Energy Market Supervisory Board (EMRA),…