The Turkish economy expanded 3.4% year-on-year in the fourth quarter, bringing full-year growth to 3.6%, official data showed on Monday, with both levels being just below forecasts. In a Reuters ...
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IMF welcomes Turkey’s work on inflation, but wants more progress
The International Monetary Fund has praised Turkey’s efforts to bring down inflation while maintaining economic growth, but called for more to be done to consolidate gains and lower subsidies, ...
The Turkish lira continued its strong plunge this month, reaching its all-time low. The USD/TRY exchange rate rose to 41.15, up by over 41% from its lowest level in January this year. The USD/TRY ...
Turkish inflation continued to ease as the third quarter progressed, clearing the way for the country’s central bank to keep trimming interest rates despite still-hot growth in the economy. Consumer ...
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