The Turkish pound is again the currency with the worst performance against the dollar so far in 2022. Economists at TD Securities expect the dollar / pound exchange rate to be pushed to 19.00 in the...
Attention has been focused on the Turkish pound since late September, as the currency continues to be embroiled in a currency crisis. The Turkish Central Bank (TCMB) failed to intervene at the urging of President...
Turkey's inflation rate is expected to have risen to a near 24-year high of 76.55% in May due to high food and energy prices and a weakening pound, according to a Reuters poll published on Monday,...
LAST UPDATE 12:36
Turkey raised its year-end annual inflation forecast to 42.8% from 23.2% three months ago, and also sees an average forecast of 12.9% at the end of 2023, according to a presentation on Thursday by...
The Central Bank of Turkey (TCMB) is expected to keep its key interest rate unchanged this week, according to information from the Bank's environment cited by various Turkish media today. This will be the second...
Turkey's inflation accelerated to a near 20-year high in January, driven by rising energy prices and pressure from President Recep Tayyip Erdogan on lower borrowing costs.
Turkey's annual inflation rate rose further in January, reaching its highest...
