, said Finance Minister Mehmet Simsek and Hafize Gaye Erkan, the central bank governor, will attend

doubt," he said. Erkan said he anticipated the lira to drop further because the Fed is likely to

inflation spiral.... Erkan Aydin, a main opposition Republican People's Party( CHP) deputy, asked Soylu

Turkish President Recep Tayyip Erdogan( Image: Getty) Turkey's inflation rate is set to more than double to 58 percent by the end of the year, the country's central bank reports.... More infoSUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you.... This may include adverts from us and 3rd parties based on our understanding....

ANKARA, Aug.... 3( Xinhua)--The annual inflation rate of Türkiye rose to 47.83 percent in July, marking the first increase since October last year, according to official statistics issued on Thursday. The consumer price index( CPI) in July rose to 47.83 percent annually and 9.49 percent monthly, according to the Turkish Statistic Institute. The CPI experienced an 8-month consecutive decline from a peak of 85.51 percent in October 2022 to 38.21 percent in June 2023. Türkiye's central bank revise

ANKARA, Aug.... 3( Xinhua)--The annual inflation rate of Türkiye rose to 47.83 percent in July, marking the first increase since October last year, according to official statistics issued on Thursday. The consumer price index( CPI) in July rose to 47.83 percent annually and 9.49 percent monthly, according to the Turkish Statistic Institute. The CPI experienced an 8-month consecutive decline from a peak of 85.51 percent in October 2022 to 38.21 percent in June 2023. Türkiye's central bank revise

Turkey's central bank cut the benchmark interest rate by another 100 basis points despite soaring inflation, sending the weakening national currency lira to a new historic low against the US dollar. The rate has now decreased from 15 per cent to 14 per cent, prompting the lira to lose as much as 6.2 pe rcent against the dollar to trade at 15.72 liras per dollar, reports Xinhua news agency." Cumulative impact of the recent policy decisions will be monitored in the first quarter of 2022 and during

The president wants to recapture the mayor’s seat in Istanbul after suffering a stinging defeat there four years ago.... Industrial production still shows limited recovery from February’s devastating earthquakes.On Monday, Simsek signalled there’ll be little improvement this year.... “ Disinflation and structural change in the economy will speed up, ” he said in a post on social media platform X, formerly known as Twitter. Goldman Sachs Group Inc forecasts that Turkiye will enter a recession i

EUROPEAN Central Bank( ECB) president Christine Lagarde( pic), perhaps the world’s most well-known female central banker since Janet Yellen led the Federal Reserve, spoke candidly earlier this year about being surrounded by men her entire career.... Diversity would produce better results, she said. The central banking world got two new female leaders in the past couple of months who probably share Lagarde’s views.... It shouldn’t be that women are the exception.” — BloombergAndreea Papuc is a

Материалы ИноСМИ содержат оценки исключительно зарубежных СМИ и не отражают позицию редакции ИноСМИ Читать inosmi. ru в Владимир Путин заявил о необходимости создать независимое, суверенное государство Палестина для деэскалации ее конфликта с Израилем, сообщает Haber7.