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Fitch Upgrades Turkey’s Credit Rating to BB-

Fitch Ratings raised Turkey’s long-term foreign currency debt rating to BB- from B+, with a stable outlook. The upgrade reflects improvements in fiscal policy and...

Inflation Growth in Turkey Slows in August, Exceeding Expectations

Istanbul, September 3 (financeflashnews.com) - The pace of inflation growth in Turkey slowed again in August, surpassing analysts' expectations. This deceleration was driven by...

Turkey’s Economic Growth Slows More Than Expected in Q2 2024

Ankara, September 2 (FFN) - Turkey's economic growth in the second quarter of 2024 slowed more than anticipated, marking the slowest pace since the...

Turkey’s Economic Growth Slows to 2.5% in Q2, Below Expectations

ISTANBUL (FFN) - Turkey's economy expanded by just 2.5% in the second quarter of 2024, falling short of expectations as the country continues to...

Turkey’s Central Bank Keeps Key Interest Rate Unchanged

The Central Bank of Turkey has decided to maintain its key interest rate at 50%, marking the fifth consecutive meeting where the rate remains...

Turkey’s Inflation Rate Slows in July

Key Takeaways: Turkey's inflation rate has slowed for the second consecutive month. The decline in inflation was observed across most major categories. Core inflation also showed a...

BYD builds factory in Turkey to expand into Europe

Istanbul, July 8, 2024 - Chinese automaker BYD, one of the world's largest electric vehicle (EV) manufacturers, is expanding its operations into Europe. The...

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