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Ezgi Erkoyun

UPDATE 3-Turkey's lira slides, hit by global sell-off, cenbank worries

03 Jan 2019

ISTANBUL, Jan 3 Turkey's lira slid more than 3 percent against the dollar on Thursday, swept up in a global market sell-off and investor worries that lower-than-expected inflation data could prompt the central bank to make a premature rate cut.

Turkey vows no slowdown in fight against IS after U.S. pullout from Syria

25 Dec 2018

ISTANBUL Turkey vowed on Monday that the fight against Islamic State would not be slowed by the U.S. withdrawal from Syria, where Ankara-backed rebels reinforced their positions around the potential flashpoint town of Manbij.

UPDATE 2-Turkish cenbank keeps rates unchanged after inflation eases

13 Dec 2018

ISTANBUL, Dec 13 Turkey's central bank left its benchmark interest rate unchanged as expected on Thursday after inflation eased from a 15-year peak, but a change in the wording of the bank's policy statement signalled possible loosening ahead.

Pentagon warns against unilateral military action in northeast Syria after Turkish announcement

12 Dec 2018

WASHINGTON/ISTANBUL The Pentagon said on Wednesday that unilateral military action into northeast Syria by any party would be "unacceptable," after Turkey said it would launch a new military operation in the region within days to target Kurdish militia fighters.

UPDATE 2-With inflation at more than 20 percent, Turkey sticks to 5 percent target

05 Dec 2018

* Monetary policy stance to change if FX rate hits price stability

Turkish annual inflation falls in November from 15-year peak

03 Dec 2018

ISTANBUL Turkey's consumer price index fell 1.44 percent month-on-month in November, official data showed on Monday, bringing the annual inflation rate down from a 15-year high as a stronger lira, tax cuts and discounted products helped to trim prices.

Turkey gave Khashoggi tapes to European nations, Erdogan says

10 Nov 2018

ISTANBUL Turkey has given recordings related to the killing of Jamal Khashoggi to Germany, France and Britain, President Tayyip Erdogan said on Saturday, seeking to maintain international pressure on Riyadh over the Saudi journalist's death. | Video

UPDATE 4-Turkish inflation hits 15-year high of 25 percent

05 Nov 2018

* Inflation has peaked, FinMin predicts (Adds Finance Minister comments)

Turkey central bank sharply raises inflation forecasts

31 Oct 2018

ISTANBUL Turkey's central bank on Wednesday sharply raised its inflation forecasts for this year and next, predicting a rate of 23.5 percent by the end of 2018 and acknowledging the deep impact of a lira selloff that has shaken confidence in the economy.

Turkey demands extradition of 18 Saudis in Khashoggi case

27 Oct 2018

ISTANBUL Turkish prosecutors have prepared an extradition request for 18 suspects from Saudi Arabia in the killing of journalist Jamal Khashoggi, authorities said on Friday, after President Tayyip Erdogan urged Riyadh to disclose who ordered the murder. | Video

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