Turkey’s central bank raised the reserve requirement ratios on banks’ short term liabilities abroad in a bid to discourage local banks from seeking cheap lira from offshore markets.

Turkey’s central bank kept its year-end inflation forecast unchanged, signaling that its recent move to a tighter monetary stance will continue.

A deceleration in Turkey’s inflation slowed in April, after a sharp selloff in lira assets triggered by the jailing of key opposition figure Ekrem Imamoglu.

Turkey’s opposition leader Ozgur Ozel on Sunday challenged President Recep Tayyip Erdogan to say whether he received approval from the Trump administration for the recent arrest of Erdogan’s main riva...

The country has made construction a pillar of economic planning, but local opposition is stalling a tourist development on parkland.

Turkey emerged from a technical recession in the fourth quarter, bolstering investors’ hopes for stronger growth this year, aided by interest-rate cuts.

Kurdish separatist group leader Abdullah Ocalan called on his militants to lay down arms and work toward ending a 40-year war for autonomy against Turkey.

Turkey raised the minimum wage by 30% for 2025, providing a relief to investors looking for concrete steps to dial back populist policies and commit to curbing one of the world’s highest inflation rat...

Turkish consumer prices rose more than expected last month, suggesting the central bank will start cutting interest rates at a slower pace than anticipated.

Turkey’s consumer prices are increasing at a slower pace, boosting expectations that the central bank might begin cutting interest rates as early as this month.

Turkey entered a technical recession in the third quarter as industrial production plunged, providing more evidence to the central bank as it ponders whether to start cutting interest rates next month...

Turkey’s economy probably contracted on a quarterly basis for the first time since the Covid-19 pandemic as high interest rates start to bite.