Economy 2 sources
Togg announces vehicles on the road have reached 120,000
In a social media post, Togg announced it had reached 120,000 vehicles and thanked its customers. No further detailed data was shared beyond this figure.
Togg
10 stories7 sources/story
Economy 2 sources
In a social media post, Togg announced it had reached 120,000 vehicles and thanked its customers. No further detailed data was shared beyond this figure.
Togg
Economy 1 source
According to a Daily Sabah report citing Reuters, the order for 150 Boeing 737 Max jets, which had stalled due to an engine maintenance dispute, is back on track and could be signed next week. Boeing and CFM declined to comment, and THY did not respond to a request for comment.
Turkish Airlines Boeing CFM Recep Tayyip Erdoğan Donald Trump
Economy 2 sources
Treasury and Finance Minister Mehmet Şimşek said inflation would today be at least 7 points lower if not for the war; annual inflation was 31.5% in August. Central Bank (TCMB) Governor Fatih Karahan said recurring energy shocks could complicate the fight against inflation.
Mehmet Şimşek Fatih Karahan Central Bank (TCMB) Treasury and Finance Ministry
Economy 3 sources
According to Central Bank (TCMB) data, short-term external debt stock rose 3.8% month-on-month to $177.1 billion in July, or $248.1 billion on a remaining-maturity basis. Bank-originated debt stock rose 4.3% to $77.8 billion.
Economy 3 sources
According to Turkish Exporters Assembly (TİM) data, Istanbul's exports reached $8.8 billion in August, the highest figure ever for an August, accounting for 37.5% of Türkiye's total. Türkiye's exports rose 8.1% to $23.5 billion.
Economy 19 sources
BIST 100 fell 5.54% on September 16 to 13,122.58 points; the decline was driven by a portfolio management company defaulting on fund payments and Middle East tensions. The Financial Stability Committee will meet on September 17 at 08:00 chaired by Minister Şimşek.
Borsa Istanbul (BIST) Financial Stability Committee Mehmet Şimşek Treasury and Finance Ministry Pusula Portföy
Economy 18 sources 2 stories
The Fed raised interest rates for the first time since 2023, unanimously lifting the policy rate to the 3.75-4% range. The bank raised its year-end rate expectation to 4.1%, with 16 of 18 officials projecting at least one more hike this year.
Fed FOMC Donald Trump United States
Economy 11 sources
Özgür Özel said the per-liter price of diesel would exceed 100 lira at midnight on September 16, with 20 lira of that coming from special consumption tax (ÖTV) and VAT. Özel called for fuel taxes to be removed immediately.
Özgür Özel YENİ Party Recep Tayyip Erdoğan Gabar
Economy 5 sources
Şimşek said disinflation was not progressing at the desired pace but would continue during the election process. He said year-end inflation would have been around 20-22% without the war, and that civil servant and pensioner salaries would rise at least in line with inflation.
Mehmet Şimşek Treasury and Finance Ministry Medium-Term Program Turkish Statistical Institute (TÜİK) Bloomberg HT
Economy 6 sources
On the evening of September 16, as Borsa Istanbul (BIST) fell sharply, Tera Portföy declared a payment default in its THF and TP2 funds. Unit share value in six free funds, including TLY, will now be calculated on the 15th of each month, with sale proceeds paid on the 10th business day.
Where reports differ
Tera Portföy Emre Tezmen Borsa Istanbul (BIST) Public Disclosure Platform (KAP) Sermaye Piyasası Kurulu Mehmet Şimşek Pusula Portföy