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Turkey Central Bank Cuts Rates
Foreign investors bet on Turkey, drawn by rate cuts, easing inflation
Foreign investors are flocking to Turkey's local debt markets, saying they are impressed by interest rate cuts and easing inflation and are hoping that a regional transformation could further boost their bets on the economy.
Turkey Central Bank Cuts Rates Again as Inflation Cools
The central bank reduced its one-week repo rate to 45% from 47.5% as a cycle of higher borrowing costs bore fruit in cooler price rises.
Turkey's Central Bank Lowers Benchmark Interest Rate to 45%
Turkey's central bank lowered its key interest rate by 2.5 percentage points to 45%. (AP Photo/Francisco Seco) ANKARA, Turkey (AP) — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 45% on Thursday,
11h
Italy's Leonardo, Turkey's Baykar to sign partnership for unmanned systems, says source
Italian defence and aerospace group Leonardo is about to enter into a partnership with Turkish drone maker Baykar for ...
6h
At least 5 people are trapped after a building collapses in central Turkey
ANKARA, Turkey — A search and rescue operation was underway in central Turkey on Friday after a four-story building collapsed, trapping at least five people inside, officials said.
2d
on MSN
Fire tears through Turkey ski resort hotel, killing at least 10 people and injuring dozens more
Witnesses say guests at a ski resort hotel in Turkey tried to escape a fire that killed at least 10 people with ropes and ...
2d
on MSN
Turkey detains 11 over ski resort hotel fire that killed 79
Turkey has detained 11 people as part of an investigation into a fire that killed 79 people and injured dozens at a ski ...
2d
on MSN
Turkey mourns hotel fire dead as efforts to identify them continue
A day of mourning is under way in Turkey for the 76 victims of a fire that engulfed a popular ski resort hotel in the country ...
Cyprus Mail
1h
Turkey’s house sales rose more than 20 per cent last year
Home sales in Turkey climbed 20.6 per cent in 2024 compared to a year ago, even as sales to foreigners tumbled 32.1 per cent, ...
3d
on MSN
At least 76 people killed in a hotel fire at a ski resort in Turkey
Officials in Turkey say that a fire has raged through a 12-story hotel at a popular ski resort in the northwestern part of ...
51m
on MSN
US freezes foreign aid for almost all countries including Ukraine, except Israel and Turkey
The US has halted foreign aid for several countries, including Ukraine, but exempted Israel and Turkey. Secretary of State ...
Hosted on MSN
12h
Pamukkale: Turkey's 'cotton castle' of white limestone that inspired an ancient cult
The Pamukkale travertines are limestone slopes and thermal water pools that have attracted visitors since before the days of ...
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