Turkiye

Turkish central bank holds rate at 50%, warns on inflation

Eastern Türkiye rattled by 5.9 magnitude earthquake

A 5.9 magnitude earthquake hit Turkish Malatya province, damaging buildings but causing no casualties. The tremor was also felt in Syria. Authorities are inspecting affected areas, with nearly 190 people treated for injuries in local hospitals.

Türkiye aims to double its software exports

Türkiye is planning to reach $7 billion in software exports by 2028, according to the country's Trade Minister Ömer Bolat

Germany approves major arms exports to Türkiye

Türkiye Expands Global Oil and Gas Exploration Efforts

Resilient Turkish inflation tempers rate cut expectations

Turkish annual inflation dropped to 49.38% in September, but a higher-than-expected monthly rate of nearly 3% raised caution from the central bank. With the policy rate now above annual CPI, analysts predict interest rate cuts may not begin until next year despite earlier expectations.