Turkey

Russia said on Wednesday that Turkey had agreed in principle to handle 1 million metric tons of grain that Russia plans to send to Africa at a discounted price with financial ...

Higher-than-expected inflation data for August published on Monday prompted JPMorgan to revise its year-end inflation forecast to 65 per cent from 62 per cent with the annual rate now expected to peak ...

Turkish depositors mostly converted funds back to dollars last month when they withdrew from state depreciation-protected accounts, according to initial data and senior bankers, as Ankara begins winding down the ...

Turkish President Tayyip Erdogan and his Russian counterpart Vladimir Putin will focus on the Black Sea grain deal during their meeting on Monday as Turkey seeks to bring Moscow back ...

Turkey’s economy grew by a more-than-expected 3.8 per cent in the second quarter due to strong household spending, data showed on Thursday, but activity should slow through year-end as election-related ...

Turkey’s latest massive interest rate hike has caught the attention of long-sceptical foreign investors who say they could return to Turkish assets if authorities continue to demonstrate that a ...

US Senator Robert Menendez proposed sanctions be imposed against Turkey if the country proceeds with further developments in the fenced-off area in Famagusta. The carrot and stick motivational approach could ...

Turkish drone strikes on Thursday killed seven members of the Kurdistan Workers Party (PKK) including two medical personnel, in Iraq’s northern province of Erbil, the counter-terrorism service said, as ...

Turkey’s central bank hiked its key interest rate by a larger-than-expected 750 basis points to 25% on Thursday, sparking a rare lira rally and signalling a new determination to address rebounding ...

Maritime traffic from the Aegean Sea to the Sea of Marmara has been suspended due to the ongoing forest fire in the Turkish northwestern province of Canakkale, the transport ministry ...

Turkey’s central bank is expected to raise its policy rate to 20% this week, a Reuters poll showed, though some economists expect a smaller increase after hikes in previous months ...

Turks will get little reprieve from a soaring cost of living this summer as economists expect prices to jump by as much as 8.5% in August, underlining Ankara’s challenge as ...

Britain said it had struck a deal with Turkey in a bid to slow the flow of illegal immigrants passing through the Mediterranean country on their way to Europe, including ...

Turkey plans to impose a quota on imports of unprocessed gold in order to reduce the negative impact on the current account balance, according to a source familiar with the ...

Turkey’s ruling party has criticised a reported decision by Walt Disney Co’s DIS.N Disney+ not to broadcast a documentary about modern Turkey’s founder Mustafa Kemal Ataturk ...

A Turkish staff member at Sweden’s honorary consulate in the western city of Izmir was shot and seriously wounded in front of the consulate building, TRT state broadcaster said ...

urkey’s tourism revenues jumped 23.1 per cent to $12.98 billion in the second quarter, Turkish Statistical Institute data showed on Monday, maintaining a strong trend in the sector. Revenues in 2022 surged 53.4 ...

Turkey’s Foreign Minister Hakan Fidan on Saturday urged Denmark to take urgent action to prevent burnings of the Koran, a Turkish foreign ministry source said. In a phone call ...

Turkey’s new central bank chief pitched a comprehensive monetary policy in her first formal address to the media while her acknowledgment of stark inflation pressures was welcomed by foreign ...

The Turkish Central Bank said on Tuesday it had set the monthly growth limit for lira commercial loans at 2.5 per cent, down from a previous 3 per cent, excluding export, investment ...

Turkey has raised the euro-lira conversion rate for medicine prices by 30.5 per cent to 14.0387 lira per euro, the country’s Official Gazette showed on Sunday. The updated conversion rate is ...

The Turkish central bank introduced 15 per cent required reserves for FX-protected lira deposits, a table published on Official Gazette showed early on Friday. Bankers said the change in required reserves ...

The US State Department on Friday expressed opposition to the partition solution promoted by Turkish President Tayyip Erdogan for Cyprus. According to Cybc, US State Department spokesman Matthew Miller, responding ...

Russia pounded Ukrainian food export facilities for a fourth day in a row on Friday and practised seizing ships in the Black Sea in an escalation of what Western leaders ...