ISTANBUL: Trkiye’s annual inflation rate is projected to drop to 42.95% by the end of this year, according to a Central Bank survey released on Monday.
The previous estimate of the survey, based on market participants, was 43.52%, the bank’s statemen…
ISTANBUL: Central banks around the world are gradually approaching the end of their tight monetary policies to fight inflation, while the potential results of the US elections continue to affect the global market.
Concerns over US President Biden’s h…
ISTANBUL: Major stock exchanges in the US were higher on Monday, a day after President Joe Biden decided to withdraw from the Nov. 5 presidential election.
The Dow Jones industrial average was up 171 points, or 0.43% to 40,459 at 12.21 p.m. EDT. (162…
ISTANBUL: The seasonally adjusted government deficit to gross domestic product (GDP) ratio went down to 3% in the first quarter of the year from 3.9% last quarter of 2023, according to data released on Monday.
The government total revenue in the EU f…
ISTANBUL: The price of Bitcoin hit $67,500 again on Friday — the first time after more than five weeks.
Bitcoin saw its price climb to as high as $67,503 during the day, while it was trading just below $67,000 at 6.20 p.m. EDT for a daily gain of 4….
ISTANBUL: Moody’s announced Friday it upgraded Trkiye’s long-term foreign- and domestic-currency issuer and foreign-currency senior unsecured ratings to B1 from B3.
The global rating agency said the outlook remains positive.
“Concurrently, the forei…
