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Economy news in Türkiye · Page 4

14 stories9 sources/story

Ounce gold rises to $4,137 after sharp fall

In global markets, ounce gold closed yesterday at $4,115 after falling 3.97% and rose to $4,137 in early trading today. Gram gold started the day at 6,518 lira.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Old meters removed in 81 provinces, smart meters installed

Under the legislation of the energy regulator EPDK, old-type electricity meters in buildings in 81 provinces are being removed and replaced with remotely communicating smart meters. The era of manual meter reading is gradually ending.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Enforcement files rise to 26,358,338

The number of open files at enforcement offices rose 7% in one year to 26,358,338, according to National Judicial Network Project (UYAP) data.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

TEPAV: September food inflation rose to 2.23%

TEPAV calculated monthly food inflation at 2.23% for September 1-25, and annual food inflation at 30.1%. According to the bulletin, prices rose for eggplant, bananas and tomatoes.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

HSBC says Central Bank may cut rates 200 bps by year-end

HSBC strategists said the Central Bank (TCMB) is likely to cut interest rates by 200 basis points by year-end, describing the easing cycle as having two stages.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

BDDK gave grade A without performance review

According to the Court of Accounts' 2025 audit report on the banking regulator BDDK, some department head and group head appointments were directly accepted at level "A" without a performance review.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Central Bank reserves fall for fifth week

Total reserves of the Central Bank (TCMB) fell by about $3.4 billion to $171 billion in the week ending 25 September, marking a fifth straight weekly decline.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Central Bank expands foreign exchange conversion support

The Central Bank (TCMB) introduced a 10% foreign exchange position requirement for the foreign exchange conversion support starting on 1 October. Treasury and Finance Minister Mehmet Şimşek said firms contributing to exports through production and supply will have easier access to the support.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Gazete Oksijen and Ekonomim +3: Diken, Gazete Oksijen and Ekonomim

Economy

Advertising Board rules fake reviews and likes unlawful

The Trade Ministry's Advertising Board found that artificial engagement in e-commerce such as fake reviews, likes and followers misleads consumers, ruling the practices unlawful.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Erdoğan: Türkiye economy grows for 24 quarters

President Recep Tayyip Erdoğan said Türkiye's economy has grown for 24 consecutive quarters and the number of exporting companies has risen more than fivefold since 2002.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

For now only Al Jazeera Arabic is reporting this

Economy

Ozan Diren said all sectors faced serious losses in five years

Turkish Industry and Business Association (TÜSİAD) Board Chair Ozan Diren reported that cost-based competitiveness fell 2.9% in the second quarter of 2026 from a year earlier. Diren said all sectors had faced serious losses over the last five years.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

SPK bans 11 over Özata Denizcilik trades, revokes 5 licences

The Capital Markets Board (SPK) filed criminal complaints against 11 people over trading in Özata Denizcilik shares and imposed a 2-year trading ban on them. The Board cancelled the licences of 5 of them for the duration of the ban.

Economy

480,000 male cattle to be imported next year

The Ministry of Agriculture and Forestry announced that imports of 480,000 male fattening cattle will be allowed in 2027. Applications will be made on 5-16 October.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

How workers can claim severance pay with SGK letter

Workers who meet the retirement conditions except for age can qualify for severance pay by giving their employer a letter obtained from the Social Security Institution (SGK). Those who leave their jobs without this letter lose their entitlement.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Property listings to link automatically to authorization contracts

Under the planned change to the Real Estate Ad Verification System (EİDS), listings will be automatically linked to authorization contracts. If a contract is cancelled, the related listing will be removed from publication.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

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