Physical gold gap in Türkiye narrows as demand normalizes: The gap between physical gold prices in Türkiye and global prices has sharply contracted ...
dailysabah.com/business/economy/physical-gold-gap-in-turkiye-narrows-as-demand-normalizes
Physical gold gap in Türkiye narrows as demand normalizes
Turkish real estate sales hit record 2.87 million in first 11 months: Türkiye's real estate market set a new record with approximately 2.87 million properties ...
en.yenisafak.com/turkiye/turkish-real-estate-sales-hit-record-287-million-in-first-11-months-3711506
Turkish real estate sales hit record 2.87 million in first 11 months
Manila Bulletin Business : The peso started the month stronger than the United States (US) dollar, closing at ₱58.49 on Monday, Dec. 1, from ₱58.645 last Friday, Nov. 28 ... Show more
Tight financial conditions support Türkiye's disinflation: CBRT: Türkiye's central bank on Friday said tight financial conditions were playing a supportive ...
dailysabah.com/business/economy/tight-financial-conditions-support-turkiyes-disinflation-cbrt
Tight financial conditions support Türkiye's disinflation: CBRT
Bist 100 extends gains as Turkish equities post midweek advance: Türkiye's benchmark BIST 100 index climbed 0.53% on Wednesday, adding 57.48 points to close at ...
en.yenisafak.com/turkiye/bist-100-extends-gains-as-turkish-equities-post-midweek-advance-3711142
Bist 100 extends gains as Turkish equities post midweek advance
Digital Turkish Lira project advances to preparation phase: The Turkish Central Bank is progressing with its Digital Turkish Lira initiative ...
en.yenisafak.com/economy/digital-turkish-lira-project-advances-to-preparation-phase-3711009
Digital Turkish Lira project advances to preparation phase
Digital Turkish Lira project advances to preparation phase: The Turkish Central Bank is progressing with its Digital Turkish Lira initiative ...
ysafak.com/en/3711009/p/f
Digital Turkish Lira project advances to preparation phase
Japan traders' fondness for Turkish lira prompts fears of intervention losses: The lira is one of the world’s most volatile currencies and Tokyo is increasingly ...
japantimes.co.jp/business/2025/11/20/markets/japan-retail-investors-turkish-lira-buy/
Japan traders' fondness for Turkish lira prompts fears of intervention ...
Betting scandal: Turkish soccer is in crisis: Thousands of players and several hundred referees are said to be involved in a betting scandal in Turkish soccer ...
stern.de/sport/fussball/wettskandal--der-tuerkische-fussball-steckt-in-die-krise-36343616.html
Betting scandal: Turkish soccer is in crisis
29-year-old American lives on roughly $1,463 a month in Turkey: 'It really is the perfect place for what I'm doing'
cnbc.com/2025/08/19/american-living-in-turkey-on-1463per-month-it-really-is-the-perfect-place-for-what-i-am-doing.html
29-year-old American lives on roughly $1,463 a month in Turkey: 'It really ...
Türkiye considers updating taxes in line with inflation targets: Şimşek: The Turkish government is considering updating tax values by taking into account the ...
dailysabah.com/business/economy/turkiye-considers-updating-taxes-in-line-with-inflation-targets-simsek
Türkiye considers updating taxes in line with inflation targets: Şimşek
Households, firms maintain preference for Turkish lira: CBRT blog: Households and corporations 'have largely maintained their preference for Turkish lira assets ...
dailysabah.com/business/finance/households-firms-maintain-preference-for-turkish-lira-cbrt-blog
Households, firms maintain preference for Turkish lira: CBRT blog
"Crazy sums!": German tourists pay €1,200 for dinner in Turkey: Four tourists from Germany experience an unpleasant surprise in Istanbul. A taxi driver gives ...
op-online.de/welt/verrueckte-summen-deutsche-urlauber-zahlen-200-euro-fuer-abendessen-in-der-tuerkei-zr-94014832.html
Money in danger! Financial expert: | "More and more people are understanding what's happening right now"
focus.de/finanzen/boerse/geld-in-gefahr-finanz-experte-immer-mehr-begreifen-was-da-gerade-passiert_97068a94-6a51-403a-b090-3bcd6a8d7cd1.html
Money in danger! Financial expert: |
29-year-old American lives on roughly $1,463 a month in Turkey: 'It really is the perfect place for what I'm doing'
cnbc.com/2025/08/19/american-living-in-turkey-on-1463per-month-it-really-is-the-perfect-place-for-what-i-am-doing.html
29-year-old American lives on roughly $1,463 a month in Turkey: 'It really ...
Foreign trade in Turkish lira hits record, up 33% in 9 months: Foreign trade in Turkish lira reached a record level, increasing by 33% in the first nine months ...
dailysabah.com/business/economy/foreign-trade-in-turkish-lira-hits-record-up-33-in-9-months
Foreign trade in Turkish lira hits record, up 33% in 9 months
Türkiye orders arrests for 23 suspects in Istanbul Gold Refinery probe: Turkish prosecutors issued detention warrants for 23 suspects linked to the Istanbul Gold ...
dailysabah.com/business/economy/turkiye-orders-arrests-for-23-suspects-in-istanbul-gold-refinery-probe
Türkiye orders arrests for 23 suspects in Istanbul Gold Refinery probe
Türkiye–UAE swap deal seen boosting Gulf investments: Experts say pact between Turkish and Emirati central banks could strengthen Türkiye’s digital banking ...
en.yenisafak.com/turkiye/turkiyeuae-swap-deal-seen-boosting-gulf-investments-3708822
Türkiye–UAE swap deal seen boosting Gulf investments
Türkiye to unveil new medium-term program in early September: Erdoğan: President Recep Tayyip Erdoğan on Monday said preparations were nearly complete for the ...
dailysabah.com/business/economy/turkiye-to-unveil-new-medium-term-program-in-early-september-erdogan
Türkiye to unveil new medium-term program in early September: Erdoğan
Turkey's currency plummets to a new all-time low - | these are the implications for the country and tourists
deraktionaer.de/artikel/derivate/tuerkei-waehrung-sackt-auf-neues-allzeittief-das-sind-die-auswirkungen-fuer-land-und-urlauber-20384893.html
Turkey's currency plummets to a new all-time low - | these are the ...
Türkiye advances toward exit from FX-protected scheme: The planned exit from the FX-protected scheme, which Turkish authorities began to scale back in 2023 along ...
dailysabah.com/business/finance/turkiye-advances-toward-exit-from-fx-protected-scheme
Türkiye advances toward exit from FX-protected scheme
Germany: Why are so many Turks applying for citizenship?: The number of Turkish people becoming German citizens doubled in 2024. Why is that?
dw.com/en/germany-turkey-immigration-citizenship-repression-economy/a-72966351
Germany: Why are so many Turks applying for citizenship?
Turkish central bank, People's Bank of China renew currency swap deal: Türkiye's central bank announced on Friday that it had renewed its bilateral currency ...
dailysabah.com/business/economy/turkish-central-bank-peoples-bank-of-china-renew-currency-swap-deal
Turkish central bank, People's Bank of China renew currency swap deal
After Imamoglu's arrest: Turkish stock market faces imminent crash - | Currency crashes
fr.de/wirtschaft/nach-festnahme-von-mamoglu-proteste-belasten-tuerkische-waehrung-und-boerse-zr-93646645.html
After Imamoglu's arrest: Turkish stock market faces imminent crash - | ...
Şimşek says volatility to have temporary impact, disinflation to proceed: Recent market turmoil will not have a permanent impact on Turkish economy and will not ...
dailysabah.com/business/economy/simsek-says-volatility-to-have-temporary-impact-disinflation-to-proceed
Şimşek says volatility to have temporary impact, disinflation to proceed
Türkiye's VP says recent market volatility impact to be limited: Vice President Cevdet Yılmaz on Wednesday said the impact of market fluctuations after the ...
dailysabah.com/business/economy/turkiyes-vp-says-recent-market-volatility-impact-to-be-limited
Türkiye's VP says recent market volatility impact to be limited
'No hesitation' in implementation of economic program: Şimşek: There is 'no hesitation' regarding the implementation of the government's economic program ...
dailysabah.com/business/economy/no-hesitation-in-implementation-of-economic-program-simsek
'No hesitation' in implementation of economic program: Şimşek
Turkey crash: Stocks and lira plummet: Turkish lira plummets after the arrest of Istanbul Mayor İmamoğlu. Share prices on the Istanbul Stock Exchange also ...
deraktionaer.de/artikel/maerkte-forex-zinsen/tuerkei-crash-aktien-und-lira-stuerzen-ab-20376917.html
Turkey crash: Stocks and lira plummet
Turkish lira in free fall - | and not only that: The arrest of the mayor of Istanbul is scaring off international investors. Interventions have already taken ...
diepresse.com/19486725/tuerkische-lira-im-freien-fall-und-nicht-nur-sie
Turkish lira in free fall - | and not only that
Turkish lira, stock market drop after Istanbul mayor and Erdogan rival arrested: Imamoglu, the popular 53-year-old mayor was seen as the next opposition party ...
cnbc.com/2025/03/19/turkish-lira-stock-market-drop-after-istanbul-mayor-and-erdogan-rival-arrested.html
Turkish lira, stock market drop after Istanbul mayor and Erdogan rival ...
Türkiye vows market stability after Istanbul mayor’s detention: The Turkish government is doing everything necessary for the 'healthy functioning of the markets ...
dailysabah.com/business/finance/turkiye-vows-market-stability-after-istanbul-mayors-detention
Türkiye vows market stability after Istanbul mayor’s detention
Garanti BBVA CEO sees 2025 gradual rate cuts boosting Turkish banks: Gradual interest rate reductions in Türkiye next year are expected to strengthen the banking ...
dailysabah.com/business/finance/garanti-bbva-ceo-sees-2025-gradual-rate-cuts-boosting-turkish-banks
Garanti BBVA CEO sees 2025 gradual rate cuts boosting Turkish banks
Turkey: Inflation falls to 52 percent - | the lira remains weak: Inflation in Turkey has fallen to its lowest level in a year. The high interest rates are having ...
businessinsider.de/wirtschaft/inflation-in-der-tuerkei-faellt-auf-niedrigsten-stand-seit-einem-jahr-lira-bleibt-schwach/
Turkey: Inflation falls to 52 percent - | the lira remains weak
Turkish Işbank CEO warns of challenges, expects November rate cut: Turkish banks will face challenges throughout next year as the country navigates its economic ...
dailysabah.com/business/economy/turkish-isbank-ceo-warns-of-challenges-expects-november-rate-cut
Turkish Işbank CEO warns of challenges, expects November rate cut
Olympic sensation Yusuf Dikeç's watch is super rare – but costs less than £40: When the Turkish shooter went viral at Paris 2024, he was wearing a mystery watch ...
gq-magazine.co.uk/article/yusuf-dikec-turkey-olympics-shooter-watch
Olympic sensation Yusuf Dikeç's watch is super rare – but costs less than ...
Decline in inflation to boost rise in share of lira deposits: CBRT: The decline in inflation over the next months will further boost the rise in the share of ...
dailysabah.com/business/economy/decline-in-inflation-to-boost-rise-in-share-of-lira-deposits-cbrt
Decline in inflation to boost rise in share of lira deposits: CBRT
Key FactsInflation Drop Expected to Boost Lira Deposits, Central Bank
Aug 22, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: yenisafak.com
  • The Turkish Central Bank anticipates that declining inflation over the coming months will further increase the share of Turkish lira deposits. A blog post indicated that the proportion of lira deposits rose from 48.4% to 51.8% between July and August.

  • Measures taken in March, including an unexpected 500 basis point hike in the policy rate to 50%, helped shift preferences towards lira deposits in response to a deteriorating inflation outlook.

  • While interest in lira deposits is growing, foreign currency deposits increased during the summer due to a surplus in the current account. The accelerated exit from FX-protected deposits (KKM) due to recent policy changes also contributed to the rise in FX deposits.

  • Demand for lira assets is on the rise, and the Central Bank's efforts to manage KKM supply and demand have led to a decrease in KKM accounts starting in April. Despite a $14 billion decline in KKM balances, foreign currency deposits only increased by $3.3 billion from July to August.
Türkiye touts fall in long-term inflation views despite year-end uptick: Inflation expectations in Türkiye for the end of the year ticked up for the first time ...
dailysabah.com/business/economy/turkiye-touts-fall-in-long-term-inflation-views-despite-year-end-uptick
Türkiye touts fall in long-term inflation views despite year-end uptick
Key FactsHarris Targets Rising Food Prices in Campaign Strategy
Aug 15, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: apnews.com
  • Vice President Kamala Harris is focusing on high food prices as she prepares to deliver an economic policy speech in North Carolina, promising to advocate for a federal ban on grocery price gouging.

  • Harris highlights the increasing cost of meat, a significant contributor to rising grocery bills. Although overall inflation has reached its lowest in over three years, food prices in the U.S. remain 21% higher than three years ago.

  • Republican presidential nominee Donald Trump emphasizes inflation as a major failure of the Biden administration, while Harris also addresses drug costs at an event with President Joe Biden in Maryland.

  • President Biden has initiated efforts to curb rising food prices, including establishing a 'competition council' aimed at enhancing competition within the meat industry to help reduce costs.
Türkiye's short-term external debt at $180.5B as of June: Türkiye's short-term external debt stock stood at $180.5 billion (TL 6.09 trillion) as of June ...
dailysabah.com/business/economy/turkiyes-short-term-external-debt-at-1805b-as-of-june
Türkiye's short-term external debt at $180.5B as of June
Musk, Jassy reportedly invited to high-profile Türkiye investment meet: Türkiye has invited many prominent CEOs and board chairpersons to a high-profile ...
dailysabah.com/business/economy/musk-jassy-reportedly-invited-to-high-profile-turkiye-investment-meet
Musk, Jassy reportedly invited to high-profile Türkiye investment meet
Türkiye optimistic as FX-linked deposit withdrawals gain pace: The Turkish government expects the decline in the volume of a foreign exchange-protected deposit ...
dailysabah.com/business/economy/turkiye-optimistic-as-fx-linked-deposit-withdrawals-gain-pace
Türkiye optimistic as FX-linked deposit withdrawals gain pace
Türkiye's inflation to fall sharply: Europe's largest asset manager: Türkiye's inflation is expected to sharply decline by the end of 2024 ...
dailysabah.com/business/economy/turkiyes-inflation-to-fall-sharply-europes-largest-asset-manager
Türkiye's inflation to fall sharply: Europe's largest asset manager
Wealth in Turkey grew the most in the world at 157% despite soaring inflation, according to ranking
cnbc.com/2024/07/17/turkey-lands-first-place-for-wealth-growth-in-global-ranking-despite-soaring-inflation.html
Wealth in Turkey grew the most in the world at 157% despite soaring ...
Nationwide op nets 72 Daesh-linked suspects in Türkiye: Interior Minister Ali Yerlikaya on Thursday said Turkish authorities have captured a total of 72 suspects ...
dailysabah.com/politics/war-on-terror/nationwide-op-nets-72-daesh-linked-suspects-in-turkiye
Nationwide op nets 72 Daesh-linked suspects in Türkiye
Türkiye to update medium-term program, keep main policy framework: Türkiye will update its medium-term program (MTP), which was revealed last year ...
dailysabah.com/business/economy/turkiye-to-update-medium-term-program-keep-main-policy-framework
Türkiye to update medium-term program, keep main policy framework
Türkiye repays Saudi Arabia $5B deposit as it curbs liabilities: Türkiye's central bank on Wednesday announced it had ended a deposit transaction with Saudi ...
dailysabah.com/business/economy/turkiye-repays-saudi-arabia-5b-deposit-as-it-curbs-liabilities
Türkiye repays Saudi Arabia $5B deposit as it curbs liabilities
Türkiye sees exports rebounding, dismisses lira devaluation ideas: Trade Minister Ömer Bolat on Friday expressed optimism about the trajectory of Turkish exports ...
dailysabah.com/business/economy/turkiye-sees-exports-rebounding-dismisses-lira-devaluation-ideas
Türkiye sees exports rebounding, dismisses lira devaluation ideas
Turkish economy can rebalance without hard landing: Deutsche Bank: Türkiye is likely to see strong disinflation over the coming months and a rebalancing of the ...
dailysabah.com/business/economy/turkish-economy-can-rebalance-without-hard-landing-deutsche-bank
Turkish economy can rebalance without hard landing: Deutsche Bank
Istanbul retail prices ease in May in likely start of falling trend: Retail inflation in Türkiye's largest city rose 3.42% month-over-month in June ...
dailysabah.com/business/economy/istanbul-retail-prices-ease-in-may-in-likely-start-of-falling-trend
Istanbul retail prices ease in May in likely start of falling trend
International report - Crackdown on organised crime gifts Istanbul police with luxury supercars
rfi.fr/en/podcasts/international-report/20240629-crackdown-on-organised-crime-gifts-istanbul-police-with-luxury-supercars
International report - Crackdown on organised crime gifts Istanbul police ...
Turkish nationwide raids capture 28 Daesh suspects: Interior Minister Ali Yerlikaya on Friday said Turkish authorities have captured a total of 28 suspects ...
dailysabah.com/politics/war-on-terror/turkish-nationwide-raids-capture-28-daesh-suspects
Turkish nationwide raids capture 28 Daesh suspects
Treasure trove: Türkiye's untapped gold reserves valued at $300B: Türkiye is believed to have a gold mining potential of as much as 6,500 tons ...
dailysabah.com/business/economy/treasure-trove-turkiyes-untapped-gold-reserves-valued-at-300b
Treasure trove: Türkiye's untapped gold reserves valued at $300B
Fitch sees stronger growth in Türkiye in 2024, lifts global outlook: The Turkish economy is on track for a better-than-expected growth performance this year ...
dailysabah.com/business/economy/fitch-sees-stronger-growth-in-turkiye-in-2024-lifts-global-outlook
Fitch sees stronger growth in Türkiye in 2024, lifts global outlook
Key FactsFitch raises 2024 world growth forecast to 2.6%; warns of inflation
Jun 18, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: business-standard.com
  • Fitch has increased its growth forecast for the global economy to 2.6%, citing renewed confidence in the European economy. This is backed by an improvement in China's export sector and stronger domestic demand in emerging markets, excluding China. The US economy is slowing gradually while the Eurozone and China show positive growth.

  • However, Fitch anticipates world growth to decrease to 2.4% in 2025, primarily due to slow growth in the US and accelerated growth in the Eurozone. China is also expected to experience a decline in growth to 4.5% as exports and government spending decrease.

  • Fitch believes that European recovery prospects are strong, with improving trade conditions and energy-intensive industries in Germany resuming growth. Higher real incomes are expected to drive household spending as the negative impact of earlier ECB tightening fades. Despite anticipated monetary policy easing, persistent inflation is expected to result in a gradual decline in global interest rates.

  • According to Fitch Ratings, the global monetary policy cycle is transitioning to a phase where interest rates will decrease slowly but still restrict demand. The ECB is expected to cut rates twice more this year, while the US Federal Reserve is set to begin rate cuts in September.
Türkiye finalizes landmark tax package, set for Parliament submission: The Turkish government has finalized a comprehensive tax reform package that includes the ...
dailysabah.com/business/economy/turkiye-finalizes-landmark-tax-package-set-for-parliament-submission
Türkiye finalizes landmark tax package, set for Parliament submission
Turkish economy chief in London for series of investor meetings: Türkiye’s economy chief on Wednesday arrived in London for a series of investor meetings ...
dailysabah.com/business/economy/turkish-economy-chief-in-london-for-series-of-investor-meetings
Turkish economy chief in London for series of investor meetings
Türkiye's unemployment rate slips to 11.5-year low in April: Türkiye's unemployment rate declined to 8.5% in April, official data showed on Monday ...
dailysabah.com/business/economy/turkiyes-unemployment-rate-slips-to-115-year-low-in-april
Türkiye's unemployment rate slips to 11.5-year low in April
Türkiye's net foreign reserves hit $6B after turning positive: The Turkish central bank's net foreign reserves, excluding swaps, climbed to $6 billion (TL ...
dailysabah.com/business/economy/turkiyes-net-foreign-reserves-hit-6b-after-turning-positive
Türkiye's net foreign reserves hit $6B after turning positive
Fitch sees strong investor appetite amid lower risks for Turkish banks: Credit rating agency Fitch said on Wednesday that Turkish banks' foreign financing ...
dailysabah.com/business/finance/fitch-sees-strong-investor-appetite-amid-lower-risks-for-turkish-banks
Fitch sees strong investor appetite amid lower risks for Turkish banks
Türkiye sees over $10B in portfolio inflows since April: CBRT chief: Türkiye's central bank chief on Friday stressed momentum in a shift toward Turkish lira ...
dailysabah.com/business/economy/turkiye-sees-over-10b-in-portfolio-inflows-since-april-cbrt-chief
Türkiye sees over $10B in portfolio inflows since April: CBRT chief