Categories Economy General HIGHLIGHTS HYPED Lira’s faith after CBRT rate cut seems ‘unfortunate’ Cem CetingucPosted on21 October, 202221 October, 2022 The USD/TRY price has been in a consolidation phase in the past few months and is hovering … Continue ReadingLira’s faith after CBRT rate cut seems ‘unfortunate’
Categories Economy Finance General HIGHLIGHTS HYPED CBRT cuts interest rate again despite soaring inflation Cem CetingucPosted on20 October, 202220 October, 2022 Turkey’s central bank lowered its benchmark interest rate for the third time in a row … Continue ReadingCBRT cuts interest rate again despite soaring inflation
Categories Economy HIGHLIGHTS The future of the turkish economy under the presidential system Atilla YeşiladaPosted on18 October, 202219 October, 2022 The current stability in the Turkish economy relies on FX-protected deposits and FX sales by … Continue ReadingThe future of the turkish economy under the presidential system
Categories Economy General HIGHLIGHTS HYPED Economic crisis hits Turkish youth hard Cem CetingucPosted on18 October, 202218 October, 2022 Inflation has risen at such a rapid rate in Turkey that people have a hard … Continue ReadingEconomic crisis hits Turkish youth hard
Categories Economy HIGHLIGHTS Turkey August industrial output signals slump Atilla YeşiladaPosted on12 October, 202212 October, 2022 Turkey’s industrial production growth slowed to 1.0 percent year-on-year in August 2022 from an upwardly … Continue ReadingTurkey August industrial output signals slump
Categories Economy HIGHLIGHTS Turkish current account shows deficit of $3bn in August, annual up to $40 bn Atilla YeşiladaPosted on12 October, 2022 The current account deficit in August turned out to be US$-3.1bn, broadly in line with … Continue ReadingTurkish current account shows deficit of $3bn in August, annual up to $40 bn
Categories Economy Finance General HIGHLIGHTS HYPED HSBC: CBRT sold 107 billion dollars in 9 months Cem CetingucPosted on10 October, 202210 October, 2022 According to HSBC Portfolio’s calculations, it is estimated that the Central Bank’s reserves for exchange … Continue ReadingHSBC: CBRT sold 107 billion dollars in 9 months
Categories General Turkey’s exports rise 9.2 percent in September Cem CetingucPosted on4 October, 2022 Turkey’s exports climbed 9.2% year-over-year in September, while imports jumped much higher, the country’s trade … Continue ReadingTurkey’s exports rise 9.2 percent in September
Categories Economy General HIGHLIGHTS HYPED Turkey’s inflation breaks 24-year record at 83 percent Cem CetingucPosted on3 October, 2022 Turkish annual inflation climbed to a new 24-year high of 83.45% in September, below forecast … Continue ReadingTurkey’s inflation breaks 24-year record at 83 percent
Categories Economy Finance General HIGHLIGHTS HYPED Turkey prevented economic collapse through own measures: Erdoğan Cem CetingucPosted on2 October, 2022 President Recep Tayyip Erdoğan on Friday said Türkiye had foiled what he said were traps … Continue ReadingTurkey prevented economic collapse through own measures: Erdoğan
Categories Business Cüneyt Akman Economy HIGHLIGHTS ANALYSIS: Trade deficit reaches alarming proportions Atilla YeşiladaPosted on30 September, 2022 Cover chart legend: RED: Total trade deficit BLUE: Energy GREEN: Core deficit … Continue ReadingANALYSIS: Trade deficit reaches alarming proportions
Categories Economy General HIGHLIGHTS HYPED EBRD upgrades Turkey’s economic forecast Cem CetingucPosted on29 September, 2022 The European Bank for Reconstruction and Development (EBRD) has upgraded its 2022 growth forecast for Turkey to … Continue ReadingEBRD upgrades Turkey’s economic forecast
Categories Economy General HIGHLIGHTS Politics What would happen to Turkish economy if Syrians left? Cem CetingucPosted on28 September, 202228 September, 2022 Alaeddin Şengüler, a Turkish economic analyst and a member of the Independent Turkish Industrialists and Businessmen … Continue ReadingWhat would happen to Turkish economy if Syrians left?
Categories Economy Finance HIGHLIGHTS Faith of the Turkish Lira: Can it bounce back? Cem CetingucPosted on26 September, 2022 The USD/TRY exchange rate continued its bullish trend after the divergent paths taken by the Federal … Continue ReadingFaith of the Turkish Lira: Can it bounce back?
Categories Economy General HIGHLIGHTS Politics Erdoğan claims inflation is not an ‘insurmountable economic threat’ Cem CetingucPosted on26 September, 202226 September, 2022 Inflation is not an “insurmountable economic threat,” President Recep Tayyip Erdoğan said Monday, adding it … Continue ReadingErdoğan claims inflation is not an ‘insurmountable economic threat’
Categories Economy General HIGHLIGHTS Turkey’s food prices skyrocket despite agriculture Cem CetingucPosted on20 September, 202220 September, 2022 Turkey is one of the world’s largest agricultural producers. Yet increases in food prices are … Continue ReadingTurkey’s food prices skyrocket despite agriculture
Categories Business Economy Finance General HIGHLIGHTS Politics Daglioglu: We are optimistic about Qatari investments Cem CetingucPosted on20 September, 2022 Qatari investments in Turkiye have increased considerably over the past few years, covering a wide … Continue ReadingDaglioglu: We are optimistic about Qatari investments
Categories Business Company & Industry HIGHLIGHTS Tech Technoparks play key role in Turkish high-tech production Cem CetingucPosted on19 September, 202219 September, 2022 Turkey has established technology development zones since 2001 to produce and commercialize technological knowledge, gather … Continue ReadingTechnoparks play key role in Turkish high-tech production
Categories General HIGHLIGHTS HYPED Politics Kavcıoğlu: We aim for ‘long-term solutions’ Cem CetingucPosted on15 September, 2022 The Turkish Central Bank is using a determined strategy to ensure a consistently rising interest in the Turkish … Continue ReadingKavcıoğlu: We aim for ‘long-term solutions’
Categories Economy Finance General HIGHLIGHTS HYPED Politics Bloomberg: Mystery Money Flows into Turkey reach new highs Cem CetingucPosted on14 September, 202214 September, 2022 Mystery capital flows into Turkey have reached new highs, allowing policy makers to boost foreign … Continue ReadingBloomberg: Mystery Money Flows into Turkey reach new highs