United States

Nevzat Devranoglu

UPDATE 1-Forex held by Turks reaches record high as lira confidence declines

Mar 14 2019

ANKARA, March 14 Total foreign exchange, including precious metals, held by Turkish citizens and institutions rose to a record high of $171.8 billion as of March 8, data from the central bank showed on Thursday, signalling a decline of confidence in the lira.

UPDATE 2-Turkish central bank to hold AGM early; former bankers disapprove

Jan 03 2019

ANKARA, Jan 3 Turkey's central bank will hold its annual general meeting three months early, it said on Thursday, a move former central bankers said was aimed at transferring funds to the treasury before March local elections.

Türkische Zentralbank in der Kritik - "Gelddrucker für die Politik"

Jan 03 2019

Ankara Die türkische Zentralbank zieht ihre Hauptversammlung vor und macht so den Weg für eine Gewinnausschüttung an den Fiskus vor den anstehenden Kommunalwahlen frei.

Turkish CPI expected to continue falling from 15-year peak in December, poll shows

Dec 28 2018

ANKARA Turkish annual inflation is expected to fall to 20.52 percent in December, declining for a second month from a 15-year peak in October, a Reuters poll showed on Friday, as tax cuts and discounted products decreased prices.

UPDATE 2-Turkish GDP growth fades to 1.6 pct as lira crisis bites

Dec 10 2018

* Worst quarter since attempted coup in 2016 (Adds details, analysts' comments)

Erdogan's party seeks changes to Turkish bankruptcy law over abuses

Nov 13 2018

ISTANBUL, Nov 13 President Tayyip Erdogan's AK Party on Tuesday submitted a bill to parliament to tighten Turkey's bankruptcy law aimed at preventing what the government says is abuse of the regulation by some healthy companies.

Demonstrationen im Iran vor neuen US-Sanktionen - "Tod Amerika"

Nov 04 2018

Dubai/Washington Im Iran sind vor dem Inkrafttreten neuer US-Sanktionen nach amtlichen Angaben am Sonntag landesweit Millionen Menschen zu Protesten gegen die USA auf die Straße gegangen.

Turkish October CPI expected to remain at 24.5 percent, poll shows

Nov 02 2018

ANKARA Turkish inflation is expected to remain at a 15-year peak of 24.5 percent in October, a Reuters poll indicated on Friday, as the effect of a sharp fall in the lira over the summer continues to hit consumer prices.

RPT-Turkish central bank seen leaving rates unchanged as lira rebounds

Oct 19 2018

ANKARA, Oct 19 Turkey's central bank is likely to keep interest rates on hold next week, a Reuters poll showed on Friday, after a mammoth rate hike last month and the release of a U.S. pastor appear to have underpinned the long-suffering lira.

Turkey to cut growth forecasts, sources say, in difficult balancing act with markets

Sep 19 2018

ANKARA Turkey will on Thursday cut its growth forecasts for this year and next amid a deep currency crisis, although the extent of next year's revision is still being debated by top government officials, sources said.

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