Turkey’s Central Bank sells foreign currency to support Turkish lira
13 oC
13 oC
Güneşli
13 oC
Güneşli
The intervention comes after the US dollar peaks at 14.00 against the Turkish lira.
“The Central Bank of the Republic of Turkey directly intervenes in the market via selling transactions due to unhealthy price formations in exchange rates,” the bank said in a statement. (ILKHA)
LEGAL WARNING: All rights of the published news, photos and videos are reserved by İlke Haber Ajansı Basın Yayın San. Trade A.Ş. Under no circumstances can all or part of the news, photos and videos be used without a written contract or subscription.
Türkiye’s defense company ASELSAN is expanding its international partnerships through new agreements covering air defense, reconnaissance, surveillance, radar and electronic warfare systems, with recent deals involving Poland and Azerbaijan.
Brent crude prices climbed above the $100 mark as reports that negotiations between the United States and the Islamic Republic of Iran had reached a deadlock increased concerns over continued tensions and possible disruptions to global oil supplies.
Türkiye's general government deficit fell to 0.9% of gross domestic product (GDP) in 2025 from 3.4% a year earlier, official data showed.
Trade Minister Ömer Bolat met with European Commissioner for Trade and Economic Security Maroš Šefčovič on the sidelines of the G20 Trade Ministers' Meeting in the United States, where the two sides reaffirmed their commitment to further strengthening economic and trade relations between Türkiye and the European Union.
