ISTANBUL: Trkiye’s international reserves hit a historical high level last week, reaching $156.4 billion, the Turkish treasury and finance minister stated on Thursday.

Trkiye’s foreign reserve adequacy exceeded the threshold level according to the in…

ISTANBUL: While the world’s major central banks are expected to cut interest rates in quick succession, experts are divided, as some argue that a rapid decline may harm economies by undermining prior efforts.

This week, the Bank for International Set…

ISTANBUL: The world’s largest economy, the US, expanded by 3% in the second quarter of 2024, according to the Bureau of Economic Analysis’ third reading.

Compared to the first quarter, the acceleration in GDP in the second quarter mainly reflected an…