Gasoline is expected to increase by 1.51 TL starting from midnight tonight, while diesel is expected to see a price hike of 1.30 TL starting from Wednesday. The fluctuation in exchange rates will affect both gasoline and diesel prices. According to industry sources, a hike of 1.51 Turkish Lira is expected for gasoline starting from […]
The Minister of Treasury and Finance, Mehmet Şimşek, stated, “We are on duty. We will continue to take all necessary steps for the healthy functioning of the markets.” Following a technical meeting between the Central Bank and the Turkish Banks Association, it was emphasized that all means within market rules will be effectively and decisively […]
The Capital Markets Board has decided to ban short selling transactions on Borsa Istanbul AŞ stock markets and facilitate share buybacks for publicly traded companies. This decision will be valid until the end of the session on March 25th. In a statement issued by the CMB, it was stated: Due to recent developments in the […]
Deputy President Cevdet Yılmaz stated, “The foundations of our economy are strong. We are continuing to implement our economic program with determination and coordination.” Deputy President Cevdet Yılmaz conveyed the message of determination in implementing the economic program through his social media account. In his post, Yılmaz mentioned the following: “Our economy’s foundations are robust. […]
A technical meeting was held between the Central Bank and the Banking Association of Turkey. During the meeting, it was emphasized that with close cooperation of all relevant institutions, all necessary tools within market rules will continue to be effectively and decisively used to maintain stability. Central Bank President Fatih Karahan stated that he will […]
The conventional assessments of the impact of tariffs on the importing country chiefly consider the negative effects on prices, production, and employment in affected markets for specific product tariffs. The aim is to compare these economic consequences with the alleged benefits of tariffs in safeguarding particular industries and workers. What sets Trump’s tariffs apart is […]
A technical meeting was held between the Central Bank and the Banking Association of Turkey. During the meeting, it was emphasized that with close cooperation among all relevant institutions, all necessary tools within market rules will continue to be used effectively and decisively to maintain stability. Representatives from the Central Bank of the Republic of […]
Exporters from the Southeast, covering 68.8% of Turkey’s pasta exports, are aiming to exceed 1 million tons in foreign sales this year. According to the Southeastern Anatolia Exporters’ Associations (GAİB) data, Turkey achieved revenue of 939 million 513 thousand dollars from 1 million 457 thousand 862 tons of pasta exported last year. Southeastern pasta exporters, […]
Today, the Central Bank will meet with the management of the Turkish Banks Association. The President of the Central Bank, Fatih Karahan, is expected to meet with the management of the Turkish Banks Association (TBB) today. The technical meeting, which will also be attended by the Deputy President of the CBRT, Cevdet Akcay, and CBRT […]
Fidelity Investments, a US-based investment giant, has entered the tokenized asset space by accelerating its steps towards blockchain-based financial products. The company applied to the SEC to register a tokenized version of its US dollar money market fund that will operate on the Ethereum network. The latest financial giant to join the rapidly growing tokenized […]
