Turkey's central bank hiked its key interest rate by 350 basis points to 46% on Thursday, in a surprise move that reversed an ...

Turkey's central bank hiked its key interest rate to 46 percent on Thursday after a month of protests over the arrest of ...

The Turkish lira and bonds are headed for their worst monthly declines since 2023 as markets seek to find new equilibrium levels in the wake of last week’s rout, sparked by the detention of ...

Turkey’s central bank raised its key interest rate, reversing a previous course of reductions as political conflict threatens ...

The discussions stem from a major fallout in the lira, stocks and bonds over Istanbul Mayor Ekrem Imamoglu’s arrest last week, which fueled protests. Turkish police detained more than 1,000 ...

ISTANBUL, April 15 (Reuters) - The Turkish budget showed a deficit of 261.5 billion lira ($6.87 billion) in March, while there was a primary deficit of 100.2 billion lira, the Treasury and Finance ...

"The decisiveness regarding tight monetary stance is strengthening the disinflation process through moderation in domestic demand, real appreciation in Turkish lira, and improvement in inflation ...

The Turkish lira tumbled to a record low against the U.S. dollar, while Turkey's benchmark index dropped up to 7% following the arrest of Istanbul Mayor Ekrem Imamoglu, a leading opposition figure ...

On the day of Imamoglu's arrest, the Turkish lira had plummeted by around 12 percent, reaching its lowest level ever. This drastic drop was brief, but the lira has still lost more than four ...