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#Mehmet Şimşek
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Foreign Exchange Protected Deposit Accounts Balance Completely Zeroed Out
While the balance in Foreign Exchange Protected Deposit accounts, introduced to curb currency shocks in the Turkish economy, has been zeroed out, Treasury and Finance Minister Mehmet Şimşek announced that the process was successfully completed.
News
Economy
Turkey's Second Quarter 2026 Growth Data Announced for the Economy
The Turkish economy recorded an annual growth rate of 2.3 percent in the second quarter of 2026. Falling below market expectations, this rate pointed to a clear slowdown in the economy and raised debates over growth components.
News
Economy