The differences resulting from the raise in the lowest pension will be deposited into accounts today. The pensioners’ allowance difference will be paid today. The lowest pension was increased from 12,500 lira to 14,469 lira. The resulting difference of 1,969 lira will be deposited into accounts today. According to an announcement from the Social Security […]
An expected announcement regarding the payment date of pension differences has arrived. The Social Security Institution (SGK) has announced that the differences will be deposited into accounts as part of increasing the minimum pension to 14,469 Turkish Liras, sharing the date when pension differences will be paid. So, have pension differences been paid? When will […]
Gold prices remained close to their peak levels due to uncertainties in trade. The price of an ounce of gold started the day at $2,919. Meanwhile, the price of a gram of gold changed hands at 3,375 Turkish lira. Global trade uncertainties have kept gold prices near peak levels. Gold started the day around $2,919 […]
The surge in rental prices continues in Istanbul. The average rent for 100 square meter apartments in the city has reached 26,500 Turkish Liras. The most expensive district is Bebek. According to listings on the internet, rental prices for houses in Istanbul have increased by 45% compared to last year. Based on records held by […]
The Banking Regulation and Supervision Agency (BDDK) has removed the foreign currency asset limit for companies subject to independent audit when using TL credits. As part of coordinated macro-prudential simplification measures aimed at strengthening financial stability and ensuring the effective functioning of the credit system, the BDDK has made adjustments to credit regulations for companies […]
A project jointly financed by the Republic of Turkey and the European Union (EU) and implemented by the Social Security Institution (SGK) provides financial support to working mothers. Details of the project aimed at supporting the participation of women in the workforce and the registered employment of working women have raised curiosity. Full-time working mothers […]
In Europe, natural gas prices have reached the highest level in the past 2 years due to low temperatures and decreasing gas reserves in storage. At the TTF, the virtual natural gas trading hub based in the Netherlands with the greatest depth, the gas price per megawatt-hour in March futures contracts rose by around 4% […]
The Housing Development Administration of Turkey (TOKİ) has put 834 plots up for sale in 50 cities. The sales, starting on February 19, will require a 25% down payment and have a 48-month installment plan. TOKİ will hold the auction on February 19-20-21 at 10:30 am. Auctions will be held in Ankara and Istanbul; participants […]
The Monetary Policy Committee (MPC) of the Central Bank of the Republic of Turkey (CBRT) reduced the policy rate, which is the one-week repo auction interest rate, by 250 basis points to 45 percent in the first meeting of 2025. Now, all eyes are on the date of the second interest rate decision for this […]
The US Federal Reserve (Fed) kept its policy interest rate unchanged in the first meeting of the year, keeping it at 4.25-4.50 percent, in line with expectations. Those closely following the economic agenda are now focused on the date of the meeting where the second interest rate decision of the year will be made. So, […]
