By Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on January 23 cut its policy rate by 250bp to 45% in line with market expectations (chart). On December 26, the ...

ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday, in its ...

Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, ...

Explore why the USD/TRY exchange rate has jumped to a record high and what to expect ahead of the upcoming CBT decision.

No country has as much to gain from a stable Syria as Turkey, and few have as much to lose if it implodes. Turkey is home to more than 3m Syrian refugees, and wants Syria to be safe enough for many to ...

The election of Donald J. Trump for a second term marks a major shift in global politics. It appears that the neoliberal era, marked by free trade and liberal ...

The USD/TRY exchange rate continued its uptrend and reached its all-time high amid a potential divergence between the Federal ...

The Turkish central bank’s strategy for managing the lira is laying the ground for traders to enjoy even more of the world’s most profitable carry trade. Turkey’s economic administration has ...

San Juana “Janie” Lira, 66, of Topeka, passed away on Wednesday, December 25, 2024, at Rolling Hills Retirement Community. She was born December 31, 1957, in Topeka, to Guadalupe M.

Emerging markets were hit with losses on Monday as a sour mood globally weighed on risk assets in particular, and trading volumes remained thin because of the holiday season. MSCI’s gauge for ...

The Turkish lira was the worst-performing emerging-market currency on Monday, as President Recep Tayyip Erdogan’s comment on interest rates fanned concerns about a return to the unconventional ...