While a shift to a more rational strategy has support, the impact of moves to tame inflation are biting
Move underlines progress in country’s $1tn economy since pivot to more conventional monetary policy
Hedge funds and investors lured by high interest rates, but flows could leave country vulnerable to a shift in sentiment
There has been a marked change of signals from Ankara on economic management
Consumer prices increase 71.6% in June in sign that Ankara’s pivot away from unconventional monetary policy is working
FATF decision set to give international investors more confidence about country’s assets
Top court strikes down president’s right to curtail tenures of bank governors
Annual consumer prices rose sharply in May as households continue to spend despite hefty interest rate increases
Country’s dominant sport joins the ranks of those institutions in which the public has lost faith
Consumer expectations of further high prices pose challenge for central bank in reining in price growth
Ankara demands more aid go to enclave before it will resume $7bn-a-year flows in sign of deepening tension
US Treasury can hit Turkish banks with secondary sanctions if they are involved in exports used in Ukraine war
Ankara wants ‘new supply portfolio’ to make it less reliant on a single source, minister says
Rapid upgrades to infrastructure and fleets and buoyant tourism industry provide boost
Country’s trade ministry to curb export of 54 goods amid domestic pressure to show opposition to war in Gaza
President’s ruling party suffers severe setback in local elections as economic issues shift voter support
Big increase by central bank ahead of local elections takes investors by surprise
Equities gain 20% in dollar terms as hot inflation again pushes savers into shares
Finance minister Mehmet Şimşek has emerged as a key source of stability
Issuance comes days after departure of central bank chief who had taken hawkish approach to high inflation
Respected economist Fatih Karahan takes reins after Hafize Gaye Erkan’s sudden exit
A target of low double-digit percentage price growth will do
Former governor Hafize Gaye Erkan was an architect of the shift towards more conventional policies
Hafize Gaye Erkan, an architect of the shift towards more conventional policies, replaced by her deputy Fatih Karahan
Policymakers signal rising borrowing costs are over as country’s prolonged inflation crisis is expected to start easing this year
