The Turkish Central Bank’s decision to increase the top interest rate 300 basis points to 16.5 percent has brought relief, Turkish Industry and Business Association (TÜS?AD) chair Erol Bilecik has said, warning of a high ...
Tag Archives: News
Turkey committed to free market, global governance codes in monetary policies
In order to stem the slide in the Turkish lira, which fell to 4.93 against the U.S. dollar on Wednesday, the Central Bank of the Republic of Turkey (CBRT) raised the late liquidity window by 300 basis points to 16.5 perc ...
Tourism numbers hit all-time high, 5.1M in Q1
Turkey saw a new all-time high in the number of tourists coming to the country in the first quarter, as it welcomed around 5.1 million tourists, Culture and Tourism Minister Numan Kurtulmu? announced Friday. Kurtulmu?, w ...
Turks spend more time reading books than most Europeans, study finds
Turks on average spend more time reading books than most of their European counterparts – including Britons, Spaniards and Dutchmen – research published Monday by the European Statistical Institute (Eurostat) showed. ...
British holidaymakers returning to Turkey: Thomas Cook
British holidaymakers are returning to Turkey and package holiday bookings to Turkey are currently up 84 percent year-on-year, a global travel company said Monday. “Package holiday bookings to Turkey are currently up 84 ...
Spain rejects Armenian ‘genocide’ motion
The Spanish parliament’s Foreign Affairs Committee on Thursday rejected a motion supporting the Armenian allegations on the incidents of 1915, in the last years of the Ottoman Empire. The bill was defeated by a 17-9 vot ...
Turkish Lira weakens to record low against euro as economy worries mount
The Turkish Lira weakened to a record low of nearly 4.84 against the euro on March 19 and hit the lowest level since early December against the dollar following investor concerns over the macroeconomic outlook and the pr ...
Close
Close
Close
Close