Turkey's Central Bank has raised the interest rate for gold/foreign currency swap transactions to 15% following Nov. 19's policy meeting.
A total of 10,260 new companies were set up in Turkey in October, up 22.84% on a yearly basis, the country's top trade body said on Nov. 20.
Consumer confidence in the Turkish economy posted a decline in November, the country's statistical authority announced on Nov. 20.
The global economy faces a hard road back from the COVID-19 downturn, and nations should remove trade barriers on medical technologies to aid the recovery, the IMF chief said on Nov. 19.
The Turkish lira rallied against other exchange rates as Turkish stocks gained ground on Nov. 19 following an interest rate hike by the country’s Central Bank.
Turkey's health expenditure posted a year-on-year rise of 21.7% to reach 201.3 billion Turkish liras ($35.44 billion) in 2019, the country's statistical office announced on Nov. 19.
Istanbul’s new mega airport has been chosen the best in “digital transformation” category among its peers in Europe.
Turkey's external assets amounted to $225 billion as of Sept. 31, down 11.2% from the end of last year, the Turkish Central Bank announced on Nov. 18.
The European Bank for Reconstruction and Development (EBRD) said on Nov. 17 it is developing new financing tools to support Turkey's businesses in eliminating economic fallout from to coronavirus outbreak.