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Trkiye leaves interest rates unchanged at 50%, meeting forecast

ANKARA: Trkiye’s Central Bank on Thursday left the benchmark one-week repo rate unchanged at 50% for the fourth straight meeting, in line with market forecast.

“Considering the lagged effects of the monetary tightening, the (Monetary Policy) Committe…

European exchanges rally to close with major gains

ISTANBUL: European stock exchanges rallied Monday to close with major gains on the first trading day of the week.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 4.76 points…

Trkiye’s consumer confidence drops in July

ISTANBUL: Trkiye’s consumer confidence decreased by 3.1% in July, falling to 75.9 from 78.3 in June, according to official figures from the Turkish Statistical Institute (TurkStat) released on Tuesday.

Among the sub-indexes, the general economic situ…