The team includes former Merrill Lynch banker Mehmet Simsek, who returned as finance minister, a post he held until 2018, and Hafize Gaye Erkan, a former U.S.-based bank executive, who took over ...

Turkey's central bank raised its policy rate by a larger-than-expected 500 basis points to 40% on Thursday and said the pace ...

The total reserves of the Turkish central bank reached a historic high of $136.49 billion as of the end of last week, ...

Turkey's central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring inflation in the country. The rise, from the previous rate of 35%, was much greater ...

Turkey must forge ahead with its new and more sustainable economic strategy in order to draw back foreign investors, EBRD ...

Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that ...

Turkey’s central bank has delivered another huge interest rate hike as it tries to curb double-digit inflation that has left households struggling to afford food and other basic goods ANKARA ...

ANKARA, Turkey (AP) — Turkey’s central bank delivered another huge interest rate hike on Thursday as it tries to curb double-digit inflation that has left households struggling to afford food ...