Trends - Turkish GDP - Business Recorder

Turkish GDP

Turkish inflation higher than expected at 48.58% in October

ISTANBUL: Turkish inflation remained loftier than expected in October, dipping only to 48.58% annually and to 2.88%...

Published 04 Nov, 2024 12:43pm

Business & Finance

Turkish central bank introduces reserve requirement based on loan growth

ANKARA: The Turkish central bank has introduced reserve requirement based on loan growth, a regulation published on...

Published 07 Mar, 2024 09:49am

World

Turkish inflation ends year at 64.8%, seen rising further

ISTANBUL: Turkiye’s annual inflation rate climbed to 64.77% in December, official data showed on Wednesday,...

Published 03 Jan, 2024 12:48pm

Markets

Turkish manufacturing activity contracts in November: PMI

ISTANBUL: Turkish factory activity contracted for a fifth consecutive month in November as purchasing activity...

Published 01 Dec, 2023 12:20pm

Business & Finance

Turkey’s net FX reserves hit 21-year low of $2.3bn before vote

ANKARA: The Turkish central bank’s net international reserves dropped some $4.45 billion to a 21-year low of $2.33...

Published 18 May, 2023 07:39pm

Markets

EBRD bank lowers Turkiye GDP forecast, upgrades Russia

LONDON: Turkiye quake-hit economy will grow this year by less than previously forecast, while Russian output will...

Published 16 May, 2023 12:25pm

World

Erdogan says will keep cutting rates ‘as long as I am in power’

ANKARA: Turkish President Tayyip Erdogan vowed on Saturday that the central bank would continue to cut its policy...

Published 08 Oct, 2022 07:34pm

Business & Finance

Turkish central bank’s net FX reserves drop to $13.88bn

ISTANBUL: The Turkish central bank’s net international reserves fell $1.8 billion to $13.88 billion in the week to...

Published 25 Aug, 2022 06:27pm

Markets

Turkish central bank’s net FX reserve fall to $8.15bn

ISTANBUL: The Turkish central bank’s net international reserves fell some $2.37 billion to $8.15 billion in the week...

Published 16 Jun, 2022 05:10pm

Markets

Turkish central bank’s net FX reserve fall to $10.52bn

ISTANBUL: The Turkish central bank’s net international reserves fell some $1.67 billion to $10.52 billion in the...

Published 09 Jun, 2022 05:07pm

Markets

Turkish central bank’s net FX reserve rise to $12.19bn

ISTANBUL: The Turkish central bank’s net international reserves rose some $2.63 billion to $12.19 billion in the...

Published 02 Jun, 2022 05:46pm

Markets

Turkish central bank’s net FX reserves drop to $17.16bn

ISTANBUL: The Turkish central bank’s net international reserves dropped by nearly $2 billion to $17.16 billion in...

Published 29 Apr, 2022 09:04pm

Markets

Turks’ forex holdings at $215.62bn as of April 8

ISTANBUL: Turkish locals’ foreign exchange and gold holdings edged down to $215.62 billion in the week to April 8,...

Published 14 Apr, 2022 05:04pm

Markets

Turks’ foreign currency holdings fall to $215.98bn

ISTANBUL: Turkish locals’ foreign exchange and gold holdings dropped $1.53 billion when adjusted for the parity...

Published 07 Apr, 2022 05:04pm

Markets

Turks’ forex holdings rise to $216.11bn as of March 11

ISTANBUL: Turkish locals’ foreign exchange and gold holdings rose $919 million when adjusted for the parity effect...

Published 17 Mar, 2022 06:46pm

Markets

Turkish banks hike forex deposit rates to meet shortage

ISTANBUL: Turkish banks have raised interest rates on forex deposits to nearly 3% as they seek to collect hard...

Published 09 Mar, 2022 06:59pm

Markets

Turkish lira dips, CDS costs soar on Ukraine concerns

ISTANBUL: Turkey's lira slid 1.3% and the cost of insuring against debt default jumped on Monday as worries over the...

Published 07 Mar, 2022 06:15pm

Markets

Turkish lira pares losses after declining more than 5% as Russia invades Ukraine

ANKARA: The Turkish lira plummeted more than 5% on Thursday as investors sought safe havens after Russian forces...

Published 24 Feb, 2022 07:16pm

Markets

Turkish central bank's net FX reserves rose to $19.80bn

ISTANBUL: The Turkish central bank's net international reserves rose to $19.80 billion as of Feb. 18, near early...

Published 24 Feb, 2022 05:37pm

Markets

Turkish central bank's net FX reserves down to $15.82bn

ISTANBUL: The Turkish central bank's net international reserves slipped to $15.82 billion as of Feb. 11, from $16.33...

Published 17 Feb, 2022 05:13pm

World

Optimistic Ankara says inflation will fall to 24% this year

ANKARA: Turkish inflation will fall to around 24% by year-end and hit single digits by May of 2023, the finance...

Published 11 Feb, 2022 07:51pm

Markets

Turkish central bank's net FX reserves surge to $16.33bn

ISTANBUL: The Turkish central bank's net international reserves leapt $5.8 billion last week to $16.33 billion as of...

Published 10 Feb, 2022 06:01pm

Markets

Turkish central bank's net FX reserves rise to $10.53bn

ISTANBUL: The Turkish central bank's net international reserves rose by more than $1.2 billion last week to $10.53...

Published 03 Feb, 2022 05:59pm

Markets

Turkish lira dips, minister sees more forex converted to lira

ISTANBUL: The lira was slightly weaker on Monday after Turkey's finance minister was cited as saying he expected ...

Published 24 Jan, 2022 11:44am

Markets

Turkish central bank to hold EGM, advance profit payment on agenda

ISTANBUL: The Turkish Central Bank will hold an extraordinary general meeting (EGM) on Feb. 3, where issues on the...

Published 18 Jan, 2022 12:30pm

Markets

Turkish central bank's net FX reserves drop again to lowest since 2002

ISTANBUL: The Turkish central bank's net international reserves dropped to their lowest level since 2002 at $8.11...

Published 06 Jan, 2022 05:53pm

Markets

Turkish lira slips as inflation seen soaring higher

ISTANBUL: The lira slid as much as 4% against the dollar on Tuesday as Turkey girded for inflation to rise further...

Published 04 Jan, 2022 06:55pm

Markets

Turkish central bank's net FX reserves plunge to lowest since 2002

ISTANBUL: The Turkish central bank's net international reserves plunged to their lowest level since 2002 at $8.63...

Published 30 Dec, 2021 05:38pm

Markets

Turkish lira erodes last week's gains

ANKARA: Turkey's lira weakened by as much as 2% on Tuesday, extending sharp losses seen a day earlier and eroding...

Published 28 Dec, 2021 05:30pm

Markets

Turkish lira caps historic week with big lift from Erdogan government

ANKARA: Turkey's lira was on track for its strongest week on record on Friday, having spiked 44% with the support of...

Published 24 Dec, 2021 03:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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Turkish GDP

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