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Cost of Iran war climbs to $56B for Türkiye’s central bank Image

Cost of Iran war climbs to $56B for Türkiye’s central bank

CBRT reserves

2 min read

Türkiye’s central bank records $56.7B net reserve loss since Iran war to support Turkish lira amid capital outflows

Hormuz crisis bites Türkiye’s Gulf exports, trade gap surges over 50%

foreign trade

2 min read

Türkiye’s March exports fall $1.5B as Hormuz crisis cuts Gulf trade by up to 40%, hitting key sectors

Hormuz crisis bites Türkiye’s Gulf exports, trade gap surges over 50% Image

Türkiye auto sales drop over 10% in March as electric demand surges

Business

Auto market contracts in Q1 as March sales drop sharply, while electric vehicles continue to gain ground

Türkiye auto sales drop over 10% in March as electric demand surges Image

Türkiye’s central bank may lift policy rate by 300 bp to 40%: ICBC

Business

Oil-driven price pressures raise Türkiye’s inflation outlook, pushing year-end rate expectations toward 35% as policymakers stay tight

Türkiye’s central bank may lift policy rate by 300 bp to 40%: ICBC Image

Trump’s Iran update propels oil above $100, stocks erase earlier gains Image

Business

Trump’s Iran update propels oil above $100, stocks erase earlier gains

2 min read

Oil shock manageable, Türkiye sticks to economic course: Finance Ministry Image

Business

Oil shock manageable, Türkiye sticks to economic course: Finance Ministry

2 min read

Türkiye absorbs Iran war pressure with buffers intact, ING says Image

Business

Türkiye absorbs Iran war pressure with buffers intact, ING says

2 min read

Chinese BYD benefits from oil crunch as exports soar 65% in March Image

Business

Chinese BYD benefits from oil crunch as exports soar 65% in March

2 min read

Istanbul inflation slows to 3% in March, transport leads price rise Image

Business

Istanbul inflation slows to 3% in March, transport leads price rise

2 min read

Iran war pressure pulls Türkiye factory activity to 5-month low as PMI falls to 47.9 Image

Business

Iran war pressure pulls Türkiye factory activity to 5-month low as PMI falls to 47.9

2 min read

Türkiye leans on $360B buildout to push trade hub role after Iran war Image

Business

Türkiye leans on $360B buildout to push trade hub role after Iran war

2 min read

Oil slips below $100 as European gas prices fall 5% on Iran deal hopes Image

Business

Oil slips below $100 as European gas prices fall 5% on Iran deal hopes

2 min read

Türkiye lands $2B World Bank funding for flagship Istanbul rail project Image

Business

Türkiye lands $2B World Bank funding for flagship Istanbul rail project

2 min read

Stocks rally on Trump optimism over Iran war even as oil remains above $100 Image

Business

Stocks rally on Trump optimism over Iran war even as oil remains above $100

2 min read

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