central bank
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Money
Turkiye’s budget balance sees $1.4B deficit in January-April
Excluding interest payments, budget balance posts surplus of $6B The Turkish central government’s budget balance posted a deficit of 19.36…
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Business
Russia’s annual inflation hits 20-year high
Food, non-food prices increase over 20% year-on-year in April The annual inflation rate of Russia hit 17.83% in April, the…
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Business
Oil prices raise inflation, China lockdown worsens supply disruptions: Fed
‘Inflation is much too high, we are moving expeditiously to bring it back down,’ Fed Chair Jerome Powell says The…
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Business
Selling pressure continues in commodity market
Prices of gold fell 1.8% last week, silver 5.7% The selling pressure in commodity markets continued last week amid persisting…
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Real Estate
Turkey facing its worst property crisis in history, prices have doubled
Turkey is currently facing one of the worst property crises in its history after a number of economic causes have…
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Business
Turkish manufacturing capacity makes slight gains in April
Manufacturing capacity utilization rate reaches 77.8% this month, rising 0.5 points from March The capacity utilization rate (CUR) in the…
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Money
ECB policymakers are reportedly keen for a quick end to bond buys, early rate hike
European Central Bank policymakers are keen to end their bond purchase scheme at the earliest possible moment.The ECB also wants…
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Real Estate
House price index nearly doubled in February
Residential Property Price Index (RPPI) increased monthly by 13.5 percent in February, while it recorded an annual increase of 96.4…
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Money
Central banks should act decisively against inflation, says IMF
New geopolitical reality complicates central banks’ work, says global body The IMF on Tuesday said central banks around the world…
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Money
Turkiye’s external assets total $288.1B at end of February
Gap between assets abroad, liabilities narrowed to minus $224B, official data shows Turkiye’s external assets were worth $288.1 billion in…
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