The reserves of the Central Bank decreased by $4.578 billion to $165.4 billion in the week of 28th February. The Central Bank of the Republic of Turkey (CBRT) announced its weekly money and banking statistics. As of 28th February, the CBRT’s gross foreign exchange reserves decreased by $2.941 billion to $94.757 billion. Gross foreign exchange […]
The administration of US President Donald Trump is rumored to be planning to revoke the legal status of Ukrainians fleeing from war with Russia. This decision could potentially lead to the deportation of around 240 thousand Ukrainian refugees. This move signifies a striking reversal of the “warm welcome” Ukrainians received under the Joe Biden administration. […]
The Central Bank of the Republic of Turkey (CBRT) announced its interest rate decision for March. The CBRT, which will hold 8 Monetary Policy Committee meetings instead of 12 this year, had announced the first interest rate decision of the year in January and had lowered the interest rate by 250 basis points to 45 […]
The Central Bank cut the policy rate by 250 basis points to 42.5%, staying in line with expectations. In March, the Central Bank of the Republic of Turkey (CBRT) lowered the policy rate from 45% to 42.5% with a 250 basis point cut, as anticipated in the markets. This decision marks the third consecutive interest […]
An agreement for partnership in UAV technologies was signed between Baykar, one of Turkey’s leading UAV manufacturers, and Leonardo, one of Europe’s largest defense companies.
Steam, one of the world’s largest game distribution platforms, continues to offer significant discounts on various games at certain times. These discounts allow players to purchase games offered by Steam at more affordable prices. So, when will the Steam spring sales start?Steam, one of the largest platforms in the digital gaming world, offers great opportunities […]
Due to the customs tariffs imposed by US President Donald Trump on Ottawa administration, Canadians are canceling their travel plans to the US. According to a report by The Canadian Press (CP), Canadians have been altering their holiday plans and rethinking their travels due to the economic impacts of the new customs tariffs in the […]
Tarım Kredi Kooperatif Market has announced new discounts exclusively for March 6-15, prompting citizens looking to shop affordably. Tarım Kredi Kooperatif Markets, which President Recep Tayyip Erdoğan instructed to provide discounts by stating that they were not established for profit, announced a new list of discounted products specifically for March 6-15 by stabilizing prices for […]
The stock market continues to show a positive trend. The BIST 100 index started the day with a 0.80% increase at 10,269.90 points in Borsa Istanbul. At the opening, the BIST 100 index rose by 81.05 points and 0.80% to reach 10,269.90 points compared to the previous closing. The banking index increased by 0.77% and […]
Microsoft has withdrawn from some agreements with CoreWeave, aiming to increase its value to $35 billion. It has been reported that Microsoft has taken steps to reduce its obligations towards the cloud system provider CoreWeave, citing that it failed to fulfill some responsibilities on time. This decision dealt a major blow to CoreWeave, which is […]
