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Turkey cuts policy rate
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 delivers another 250bp rate cut in line with expectations
By Akin Nazli in Belgrade The monetary policy committee (MPC) of Turkey’s central bank on January 23 cut its policy rate by 250bp to 45% in line with market expectations (chart). On December 26, the authority launched the ongoing rate-cutting cycle with a 250bp cut.
Turkey cuts policy rate after indicators point to an increase in inflation
Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, statement. "While the underlying trend of inflation decreased in December,
5h
Apartment building collapses in central Turkey, killing 2 people
State-run media says rescuers have pulled the bodies of a 23-year-old woman and a man believed to be her husband from under a ...
3d
Fire tears through Turkey ski resort hotel, killing at least 76 people and injuring dozens more
Witnesses say guests at a ski resort hotel in Turkey tried to escape a deadly fire with ropes and sheets hung from windows.
1d
OnlyFans model arrested in Turkey after vowing to sleep with 100 men in one day
An OnlyFans model was arrested in Turkey for announcing her plans to set a record for sleeping with more than 100 men in 24 hours. Azranur AV, whose real name is Ezra Vandan, was charged with ...
2d
on MSN
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% on Thursday, in its second rate cut in as ...
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 79 victims of a fire that engulfed a popular ski resort hotel in the country ...
2d
on MSN
Dozens killed as fire breaks out at ski resort hotel in northwestern Turkey
Dozens of people were killed after a fire ripped through a ski resort hotel in northwestern Turkey on Tuesday, forcing ...
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 ...
19h
on MSN
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 ...
3d
At Least 76 Are Killed in Fire at Ski Resort in Turkey
The pre-dawn blaze broke out at a popular resort during a school break. Some survivors spoke of terrifying escapes.
58m
‘The Things You Kill’ Review: A Slow-Burn Turkish Drama That Gets Weirder, and Deadlier, as the Plot Thickens
Premiering at Sundance, the latest feature from Iranian-American director Alireza Khatami ('Terrestrial Verses') follows a ...
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