Lira Extends Slump as Simsek Emphasizes Free Market Principles
Turkey’s lira extended its slide from Thursday after Treasury and Finance Minister Mehmet Simsek emphasized that he favors
2023-06-23 15:16
Turkey Hikes Wages Again in Move That May Add to Price Pressures
Turkey raised its minimum wage for a second time this year, potentially adding to inflationary pressures making the
2023-06-20 20:19
Turkey’s Simsek Signals Gradual Shift to Conventional Policy
Turkey’s Treasury and Finance Minister Mehmet Simsek has indicated he will take gradual steps in steering toward more
2023-06-19 23:45
Turkey’s Record Current-Account Gap Piles Pressure on Simsek
Turkey’s current-account gap unexpectedly widened in April, adding to a record deficit and underscoring the challenge facing President
2023-06-12 17:54
Erdogan Names First Republic’s Ex-Exec as Central Bank Head
Turkish President Recep Tayyip Erdogan named Hafize Gaye Erkan, a former co-chief executive officer of First Republic Bank,
2023-06-09 17:49
Turkey State Lenders Return to Lira’s Defense After Sharp Drop
Turkish state lenders returned to supporting the lira after a temporary halt to dollar sales on Wednesday triggered
2023-06-08 17:19
Lira Plunges as Turkey’s New Economy Team Pulls Back Defense
Turkey’s lira plunged to a record low as state lenders temporarily halted dollar sales, in a sign the
2023-06-07 19:46
Erdogan’s Gas Giveway Helps Cool Inflation Before Policy Reboot
Turkey’s inflation decelerated to the slowest since 2021 as President Recep Tayyip Erdogan made good on a promise
2023-06-05 16:49
Erdogan Picks Market Darling Simsek to Return as Turkey's Finance Chief
Turkish President Recep Tayyip Erdogan will appoint Mehmet Simsek as his new treasury and finance minister, according to
2023-06-02 16:51
Turkish Economic Growth Accelerates, With Risk of Slowdown Ahead
Turkey’s economy expanded faster than expected at the start of the year, bolstered by pre-election spending and strong
2023-05-31 15:50
Turkish Lira Sinks, Stocks Gain as Investors Bet on Policy Shift
Turkey’s currency weakened to a record low amid concerns about external financing needs, while stocks rallied as investors
2023-05-30 23:46
Erdogan Overcomes Economic Woes to Extend Record Turkey Rule
Turkish President Recep Tayyip Erdogan sealed an election victory in a runoff vote, raising the prospect of more
2023-05-29 21:47