Addition of 16 New Drugs to the Reimbursement List: Five of Them are Cancer Drugs

A total of 16 drugs, five of which are cancer drugs, have been added to the reimbursement list. Minister of Labour and Social Security, Vedat Işıkhan, reported that they have increased the number of drugs covered by reimbursement which family doctors can prescribe, and also extended the validity period for many drugs. The Social Security […]

Stock market started the day with an increase

The BIST 100 index in Borsa Istanbul started the day with a 1.76% increase, beginning at 9,462.68 points. The positive trend continues on the second day of the week in the stock market. At the opening, the BIST 100 index rose by 163.32 points and 1.76% from the previous closing, reaching 9,462.68 points. The banking […]

Gold is hovering near peak levels

Gold prices continue to hover near their peak levels. The price of an ounce of gold is trading at $3,016. Meanwhile, a gram of gold is changing hands at 3,684 Turkish lira. The gram price of gold started the day on a rising trend, trading at 3,684 lira. Following a drop in the ounce price […]

Rise in Capacity Utilization Continues

Adjusted for seasonal effects, the capacity utilization rate rose by 0.3 percentage points to 75.2% in March. The capacity utilization rate (CUR) in the manufacturing industry decreased by 0.1 percentage points to 74.4% in March compared to the previous month. According to the statement from the Central Bank of the Republic of Turkey (CBRT), responses […]

Güler Sabancı Set to Step Down from Role at Sabancı Holding

The Chairman of the Board of Directors of Sabancı Holding, Güler Sabancı, is leaving her post after 21 years. Hayri Çulhacı is expected to replace Güler Sabancı. Güler Sabancı will step down from her position at the ordinary general assembly on March 27. She was appointed as the Chairman of the Board of Directors of […]

Gasoline prices increased with diesel to follow: Current fuel prices revealed

Gasoline saw a hike of 1 lira 51 kuruş per liter. The new prices are now displayed on signs. Meanwhile, diesel is expected to see an increase of 1 lira 42 kuruş. The fluctuation in the exchange rate is affecting gasoline and diesel prices. Gasoline saw an increase of 1 lira 51 kuruş per liter […]

Deposit interest rates on the rise: How much is the return on 1 million lira?

The movement in the market has affected deposit interest rates. Banks’ deposit interest rate offerings have increased. Here is the latest on deposit interest rates…Following the volatility in the markets, the tide turned on deposit interest rates. The deposit interest rates, which turned downward due to the Central Bank’s interest rate cuts, started to rise […]

Central Bank takes a new step: Forward forex transactions have begun

The Central Bank has initiated Turkish Lira-settled forward foreign exchange transactions (NDF) to balance the foreign exchange markets. The Central Bank of the Republic of Turkey (CBRT) announced on its social media account that it has started Turkish Lira Settled Forward Forex Sales (NDF) transactions. This move comes right after the fluctuations in the foreign […]

Minister Şimşek to meet with foreign investors

Minister of Treasury and Finance Şimşek and Central Bank President Karahan are set to hold a meeting with foreign investors. Today, Minister of Treasury and Finance Mehmet Şimşek and Central Bank President Fatih Karahan will engage in discussions with foreign investors. During the online meeting, they will address the repercussions of the developments stemming from […]

Fuel prices increased: Current gasoline prices

There has been a price hike of 1 lira and 51 kurus for a liter of gasoline. The new prices have been reflected on the signs. On the other hand, diesel is expected to increase by 1 lira and 30 kurus. The fluctuation in the exchange rate is affecting gasoline and diesel prices. As of […]