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Turkish Central Bank poll sees higher growth and inflation, lower lira

14th November 2017 The year-end forecast poll conducted by the Central Bank of the Republic of Turkey (CBRT) in November saw higher economic growth; however, economists and representatives from the real estate and finance sectors also predicted higher inflation and lower Turkish lira, which are likely to upset...
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Turkey, Russia agree to deepen relations

14th November 2017 Ankara and Moscow have agreed to deepen bilateral ties, Turkey’s president Recep Tayyip Erdogan said on Monday, Anadolu reported.
"We have agreed to deepen our relations," Recep Tayyip Erdogan told a news conference with his Russian counterpart Vladimir Putin at the presidential residence in...
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Turkish Central Bank takes step to provide liquidity

7th November 2017 ANKARA
The Central Bank on Monday lowered the upper limit for forex maintenance facility, a move that will provide approximately $1.4 billion in liquidity to Turkey’s financial system.
In a statement, the bank said the upper limit for forex maintenance facility had been lowered to...
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Turkey, US end mutual visa stoppage on 'limited basis'

7th November 2017 Turkish missions in the U.S. have begun accepting visa applications again from American citizens but on a limited basis, Turkey’s Washington Embassy announced Monday, in a move mirroring a U.S. decision earlier in the day.
"Turkey will resume processing visa applications of U.S. citizens at...
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British tourists returning to Turkey

31st October 2017 The number of British tourists visiting Turkey’s southern Antalya province will increase next year, British ambassador in Ankara said on Monday.
“British tourists like Antalya. 2016 was a difficult year for Turkey in terms of tourism. However, I always think that Turkey is a strong and...
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Erdogan: Turkey's accession could solve EU problems

24th October 2017 ANKARA
President Recep Tayyip Erdogan on Monday urged European leaders to use their "common sense" and give full membership to Turkey in the EU that would in turn help the bloc in overcoming its problems.
Erdogan strongly criticized the EU states at an event in capital Ankara to commemorate Alija...
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U.S.-Turkey Visa Standoff Disrupts Business and Tourism

24th October 2017 ISTANBUL — Americans planning an impromptu visit to Istanbul have been turned back. Board members of one school have had to postpone meetings. A Turkish entrepreneur, after spending two years setting up a business in New York, finds herself in limbo, her visa appointment canceled.
The cases,...
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Turkey extends state of emergency for fifth consecutive time

17th October 2017 The Turkish government has endorsed a recommendation by the National Security Council (MGK) to extend the state of emergency that has been in place in the country since the failed coup in the summer of 2016.
Deputy Prime Minister Bekir Bozdag said Monday the state of emergency was extended for a...
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US delegation visits Turkey for talks following visa spat

17th October 2017 ANKARA, Turkey — A U.S. delegation arrived in Ankara for talks aimed at resolving a diplomatic dispute that spat that resulted in the two countries suspending the issuance of travel visas to the other’s citizens, a senior Turkish official said Monday.
Deputy Prime Minister Bekir Bozdag...
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Turkish lira isn’t done underperforming, analyst says

10th October 2017 The U.S. dollar started this week with a significant jump against the Turkish lira, after a diplomatic rift between the two allied nations culminated in the termination of nonimmigrant visa services on both sides on Sunday.
And there could be more pain to come for the Turkish currency, an analyst...
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