Sharp Decline in Borsa Istanbul

The selling pressure in global markets was also felt in Borsa Istanbul. The BIST 100 index started the week with a 2.80% decline. The BIST 100 index in Borsa Istanbul started the week at 9,117.38 points, down by 2.80%. At the opening, the BIST 100 index fell to 9,117.38 points, a decrease of 262.45 points […]

Minister Şimşek: Recent turbulence will not have a lasting impact

Minister of Treasury and Finance Mehmet Şimşek stated that he does not believe recent turbulence will have a lasting effect. Şimşek expressed that inflation has clearly decreased. Regarding developments in foreign trade, Şimşek stated, “We will be relatively less affected, as the domestic market is the determining factor for us.” Minister Şimşek is speaking at […]

Concerns on Monday: Trump Didn’t Back Down, Markets in Turmoil

In global markets, the tariff earthquake continues. US President Trump did not retract from tariffs, likening the market downturn to taking medicine. Selling intensified on Asian stock markets, with trading halted in Japan. Expectations for a swift interest rate cut from the Fed increased. As US officials signaled they would not back down on tariffs […]

Continued Decline in Gold Prices

The uncertainty in the markets also affected gold prices. The price of an ounce of gold fell to the $3,000 limit. Meanwhile, the price of a gram of gold dropped to the level of 3,700 Turkish Liras. Gold prices took a hit from the uncertainty in the global markets. The price of an ounce of […]

Temporary Halt in Lemon Exports

The Ministry of Trade has temporarily halted lemon exports as of April 8th. The decision regarding lemon exports was announced by the Ministry of Trade. In a statement released by the Ministry, it was noted that recent cold weather and frost incidents in certain regions of the country were taken into consideration. In order to […]

Response from the Ministry of Treasury and Finance to the allegations of Özgür Özel

During his party’s congress, the leader of the Republican People’s Party (CHP), Özgür Özel, targeted Minister of Treasury and Finance Mehmet Şimşek in his speech. The Ministry of Treasury and Finance emphasized that these allegations were unfounded and stated that the reports prepared by the Financial Crimes Investigation Board (MASAK) were not known to the […]

Farewell to the Seas: Fishing Ban Begins

Fishermen in the Aegean Region will bid farewell to the fishing season on April 15th. This year, fishermen who caught the most sardines and anchovies will finish the season with more fish than last year. The fishing season, which started on September 1st, is coming to an end in the Aegean region. About 1,800 fishermen […]

How much salary increase will public workers receive?

In the negotiations of the Public Sector Collective Bargaining Framework Protocol, where the salary increase for approximately 600 thousand public workers will be determined, the first offer to the worker’s side is expected to be presented. The process continues in the 2025 Public Sector Collective Bargaining Framework Protocol negotiations, which cover around 600 thousand workers […]

New auction from the Treasury

The Ministry of Treasury and Finance will hold an auction tomorrow. According to the domestic issuance calendar published by the Ministry, the auction tomorrow will involve the reissuance of a fixed coupon government bond with a maturity of 2 years (672 days) and a semi-annual interest payment of 16.3 percent.

Pistachio exports reached $59.7 million in the first quarter of the year

In the first three months of the year, Turkey exported $59,759,000 worth of pistachios to 66 countries. Pistachios, which receive great interest from farmers due to the high economic gains they provide and their wide range of uses, are mainly produced in 22 cities in Turkey, especially in Şanlıurfa and Gaziantep. According to data compiled […]