Kategori: Economy

The escalating tension between the US and Iran, along with the sudden surge in oil prices, is affecting gold prices. As the price of gold per ounce attempts to stay above $4,000, concerns about interest rate hikes are keeping gold near its nine-month low. The developments in the gold market are being closely watched by…

International credit rating agency Fitch Ratings has affirmed Turkey's long-term credit rating at 'BB-' and maintained a 'stable' outlook. According to Fitch's assessment, Turkey's low public debt, large and diversified economy, higher per capita income compared to 'BB' rated countries, sustained access to external finance during difficult times, and the resilience of the banking sector…

The week has come to a close. The BIST 100 index rose by 2.38 percent to 13,981.05 points. Gold prices, on the other hand, declined. The gram price of 24-karat gold fell by 2.45 percent to 6,053 liras in the Grand Bazaar. The sales price of the Republic gold also decreased by 1.90 percent to…

The Istanbul Metropolitan Municipality Council has decided to increase vehicle towing and parking fees. As per the decision, the vehicle towing fee has been increased to 2,500 liras. The council's decisions also include updating the parking fee schedule. The daily fee for motorcycles has been increased by 30% to 130 liras, and for cars by…

According to the data announced by the Turkish Statistical Institute (TÜİK), a total of 129,979 houses were sold in June. This figure corresponds to a 15.8 percent increase compared to the same month of the previous year. The number of first-hand housing sales in June increased by 23.1 percent compared to the same month of…

A new regulation regarding the working hours of savings finance companies has come into effect. The Financial Institutions Union has set the working hours of branches as 09.00-18.00 as of July 1, 2026. Working hours can be extended until 20.00 if necessary, but no customers will be accepted after this time. The decision regarding the…

The escalating US-Iran conflict in the Middle East has affected oil prices, causing gold prices to drop by over 3% on a weekly basis. The price of gold started the last day of the week with an increase, trading at 6,049 liras per gram. Following the decline in the price of an ounce of gold…

The recent hike in gasoline and diesel prices took effect on July 17th. The fluctuations in oil prices and exchange rates continue to impact fuel prices. Global developments and regional tensions are reflected in gasoline and diesel prices. The current fuel prices in Ankara and Izmir have been updated to include the latest increase. As…

The effects of food inflation in the US are being felt in grocery shopping. A new analysis shows that consumers are buying fewer products, and price increases are not offsetting the decline in sales. According to data shared by Bain & Company, the number of products sold in June decreased by 1.8% compared to the…

The decision to use the 'traction system' criterion in addition to 'engine cylinder volume' in determining the Special Consumption Tax (ÖTV) rates for passenger cars has been made. This regulation allows for different taxation. It was stated that the use of the 'traction system' criterion in addition to the 'engine cylinder volume' in determining the…