Turkey is planning to increase the tax on lira deposits and money market funds in coming days, as it seeks to narrow a budget ...

Turkey increased withholding tax on deposits and funds in an attempt to support its budget, while also potentially making ...

Slowing inflation and policy-easing prospects are luring bumper investment flows to Turkey’s bond markets, putting ...

Turkey’s minimum wage is now 22,104 Turkish lira, or about $621.22 per month. The 2024 minimum wage was 17,002 Turkish liras ...

Turkey's monthly inflation rate is expected to rise sharply to 4.35% in January, driven by an annual hike in the minimum wage ...

Turkey's central bank has lowered its policy rate by 250 basis points to 45% from 47.5%, according to a Thursday, January 23, ...

With 38 people dead in four days and 26 in intensive care after drinking bootleg liquor in Istanbul, the politically charged ...

Turkey’s central bank has lowered its key interest ... Inflation surged in recent years, due to a depreciation of the Turkish lira and President Recep Tayyip Erdogan’s unconventional economic ...

Shops offer Turkish products. Many businesses accept only Turkish lira. Power lines from Turkey provide electricity around the clock; in Damascus people make do with barely four hours per day.