Turkish economy

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Turkish lira drops to 3.13 per $1

The Turkish lira exchange rate has dropped to 3.1375 per $1, which is a new anti-record, the Hurriyet newspaper reports. Experts believe that the decline of the Turkish national currency was caused by the morning's terrorist attack …

Ankara: politics downgrades Turkish debt rating

Turkish Deputy Prime Minister Numan Kurtulmus dismissed Moody’s downgrade of the government debt rating as a “political” move and part of a wider effort to undermine the country. Kurtulmus said …

Yildirim: Turkey seeks to attract new investments

Aiming to limit the economic fallout from this month’s failed coup, Turkish Prime Minister Binali Yildirim said the government plans a multibillion-dollar infrastructure fund to keep growth on track. “Here …

Turkey to discuss Turkish Stream after gas discount

Turkey said that it is ready to discuss the Turkish Stream gas pipeline project implementation only after reaching an agreement on gas discount, Turkish Minister of Energy and Natural Resources of the interim government, Ali Riza …