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BIST10012,251
-0.12%
USD49.34
+0.24%
EUR55.21
-0.01%
GOLD4,179.50
-0.26%
INTEREST37.00%
-1.00
BITCOIN83,167
+1.73%
October 13, 202617°
BIST10012,251
-0.12%
USD49.34
+0.24%
EUR55.21
-0.01%
GOLD4,179.50
-0.26%
INTEREST37.00%
-1.00
BITCOIN83,167
+1.73%
October 13, 202617°

Markets & Finance

195 articles

Economy

Türkiye welcomes nearly 125,000 golfers annually, with Antalya leading the way
Türkiye has hosted more than 100 tournaments since the beginning of the year and welcomes nearly 125,000 golfers annually. Antalya stands out with 15 of the country’s 22 golf courses, while golf tourism is particularly busy from September to May.
BIST 100 ends the day up 301.86 points with 188.6 billion lira in turnover
The BIST 100 index rose 301.86 points from the previous close, while total trading volume reached 188.6 billion lira. The information technology sector gained the most, rising 5.26%, while financial leasing and factoring was the biggest decliner, falling 7.06%.
Minister Şimşek says fund markets face no systemic problem as liquidation begins
Treasury and Finance Minister Mehmet Şimşek assessed developments in the fund markets at the S&P Global Emerging Markets Conference and said there was no systemic problem. Şimşek announced that funds linked to troubled portfolio management companies had been quarantined and that the liquidation and resolution process had begun.
Minister Bayraktar discusses commissioning of Akkuyu’s first unit
Türkiye’s Energy and Natural Resources Minister Alparslan Bayraktar discussed the latest status of the Akkuyu Nuclear Power Plant and ongoing work to commission its first unit with Rosatom Director General Alexey Likhachev in Ankara. Bayraktar announced that Türkiye aims to increase its nuclear energy capacity to 20,000 megawatts by 2050.
Erdoğan on fund probe: Resolving it quickly without violating anyone’s rights
President Erdoğan told parliament the problem in part of the fund market is being resolved quickly and fairly, without anyone’s rights being violated.
The dollar traded at 49.0330 lira and the euro at 55.6060 lira in Istanbul
At 00:00, the buying and selling rates of the dollar and euro against the Turkish lira were announced. The dollar was bought at 49.0310 lira and sold at 49.0330 lira, while the euro's buying rate was 55.6040 lira and its selling rate was 55.6060 lira.
Bolat and Greer discuss raising Türkiye-U.S. trade to $50 billion by 2028
Trade Minister Ömer Bolat and U.S. Trade Representative Jamieson Greer discussed Türkiye-U.S. commercial and economic relations on Wednesday on the sidelines of the G20 Trade Ministers Meeting. They assessed opportunities in energy, the defense industry and the digital economy as part of the goal of increasing bilateral trade to $42-43 billion by the end of this year and $50 billion by the end of 2028.
Minister Bolat says G20 meeting addressed the future of global trade
Trade Minister Ömer Bolat said they addressed key issues concerning the future of the global trading system at the G20 Trade and Investment Ministers’ Meeting in Milwaukee, United States. The meeting also assessed geopolitical tensions, rising uncertainty, risks of economic fragmentation and excess production capacity in the steel sector.
Trade Minister Bolat discusses goal of raising Türkiye-Saudi trade to $10 billion
Trade Minister Ömer Bolat discussed the goal of raising trade between Türkiye and Saudi Arabia to $10 billion in the short term with Saudi Trade Minister Majid Al-Kassabi in Milwaukee. Bolat said trade volume reached $8.6 billion in 2025 and $6 billion in the first eight months of 2026.
Otokar signs $1.47 billion armored vehicle export contract
Otokar signed a $1,472,080,360 export contract on Thursday covering wheeled armored vehicles and integrated logistics support services. The contract will take effect after the required official approvals are obtained, procedures related to letters of guarantee are completed and the advance payment is received; deliveries will begin in 2027.

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