Eren Günhan Ulusoy, the Eurasia President of the International Association of Flour Millers and Grain Traders (IAOM), stated that they aim to export more than 3 million tons of flour this year, saying, “We will maintain our world championship title in global flour exports.” In a written statement for World Flour Day on March 20th, […]
Volatility prevails in the markets… The stock market lost over 5%. After breaking records by surpassing 41 liras, the dollar and 45 liras, the euro turned downwards. Gram gold tested 4,000 liras. The BIST 100 index on Borsa Istanbul started the day at 10,060 points with a 6.87% decrease. Following a sharp decline in the […]
In February, annual inflation in the Eurozone increased by 2.3%, falling below expectations. Consumer prices in the Eurozone rose by 2.3% compared to the previous year in February, below what economists had forecasted. According to data from Eurostat, the EU’s statistical office, inflation in February increased by 0.4% from the previous month. Excluding energy and […]
In Turkey, the number of registered motorcycles exceeded that of cars in five provinces. Manisa had the highest difference between motorcycles and cars. As of February, the number of registered motorcycles in Turkey reached a record level of 6,329,732, surpassing the number of cars in Aydın, Kilis, Manisa, Muğla, and Iğdır. According to the Turkish […]
The Ministry of Trade has granted foreign trade capital company status to 8 more companies. The Ministry of Trade’s Decision Communiqué on Foreign Trade Capital Companies has been published in the Official Gazette and has come into effect. The decision has granted foreign trade capital company status to 8 more companies, bringing the total number […]
The Banking Regulation and Supervision Agency (BDDK) placed restrictions on the loans that development and investment banks can provide to individuals or groups. The BDDK determined the credit limit ratios that development and investment banks, excluding Istanbul Takas and Saklama Bankası AŞ and İller Bankası AŞ, can offer. According to the statement made by the […]
Minister of Treasury and Finance Mehmet Şimşek stated, “We are continuing the economic program we are implementing with determination.” Minister Şimşek made a statement regarding the fluctuations in the markets. He used the following expressions in his announcement on social media: “Everything necessary is being done for the healthy functioning of the markets. We are […]
There has been an increase in market movements. The stock market lost over 5% in value. The dollar surpassed 41 lira, while the euro broke the 45 lira mark, reaching record highs. Meanwhile, gram gold soared to 4,000 lira. On the Borsa Istanbul, the BIST 100 index started the day at 10,060 points, marking a […]
Due to the rise in gram gold, ounce gold, and USD/TRY, a record was broken. The gram gold price reached 4,000 liras. With the influence of the rise in gram gold, ounce gold, and USD/TRY, a record was broken. The gram gold price surged over 4,000 liras with an increase of over 10 percent. Quarter […]
The Energy Market Regulatory Authority (EPDK) announced the opening of capacity allocation applications for electricity trade between Turkey and Syria. According to the announcement on the institution’s website, legal entities holding supply or production licenses who want to export electricity to Syria using the Reyhanlı-Afrin Interconnection Line and legal entities holding supply licenses who want […]
