Nurettin Nebati

The Turkish lira has extended its losses against the dollar to more than 20% this year after the government said it was reluctant to approve interest rate hikes by the central bank to tame inflation faster than 1998.…
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Bleeding for Turkish society is inflation, which soars uncontrollably. While Turkish Finance Minister Nurettin Nebati is complacent that the Turkish pound has nowhere else to go but to rise, Turkish citizens are…
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The Turkish pound has reached its lowest point against the dollar, Economy and Finance Minister Nuredin Nebati said with pride. "They expect the dollar to reach 25 or 30 against the pound. Why do this? The…
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Turkish Finance Minister Nuredin Nebati said today that global energy prices were accelerating inflation, but that Ankara would continue to work to reduce it, adding that the recent fall in the pound was within…
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"The burden of inflation will remain for the whole of 2022," Turkish Finance Minister Nurettin Nebati said in an interview with Habertürk. Despite this statement, the Turkish Ministry of Foreign Affairs noted…
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Turkish Finance Minister Nurettin Nebati will announce on Saturday measures to tackle price increases and bring gold "under the mattress" into the financial system, in a package that includes support from the Credit…
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Turkey expects the pound to remain close to current levels after the 2021 slump by 44% against the dollar, Finance Minister Nuredin Nebati told analysts and investors in London in a bid to gain confidence in Turkish…
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When asked last month by Turkey's new Finance Minister Nureddin Nebati to give details of an initiative aimed at halting the collapse of the Turkish pound, he found an original way to explain his strategy. "I…
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The Turkish pound gained slightly on Friday after Turkish Finance Minister Nuredin Nebati said inflation would peak in January and start falling in May, reaching single-digit levels by June 2023, when elections are…
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Turkey is prioritizing the fight against rising prices, putting aside "orthodox policies" and charting its own course, Finance Minister Nurettin Nebati said today in the wake of data showing that inflation had soared…
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