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Weekly Market Balance Sheet: Stock Market and Gold Declined, US Dollar Rose
While stocks, gold, and the Euro lost value in the weekly performance of investment instruments, the US dollar recorded a limited increase, and money market funds were the only fund group to provide positive returns.
News
Economy
Goldman Sachs Report: Half of the Money Leaving Money Market Funds Flowed into Foreign Currency and Gold
According to a report by investment bank Goldman Sachs, half of the funds exiting money market funds in September were directed toward foreign currency and gold deposits, while a decline was recorded in CBRT reserves.
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Economy
Statement from the Banks Association of Türkiye on the Fund Investigation and SME Loans
Alpaslan Çakar, President of the Banks Association of Türkiye, stated that the current fund investigation will not have a negative impact on the sector and that the allocated funds remain within the system.
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Economy
Tax Exemption and Withholding Rules for Social Media Content Creators
The exemption limit and withholding tax rates for social media earnings have been set for 2026. Earnings below the specified limit are subject to a 15 percent withholding tax, while those exceeding it are subject to the standard tax tariff.
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Social Media
Economy