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Friday, February 3, 2023

Tag: Turkish central bank

Russians top foreign buyers as Turkish house sales mark record April

Istanbul (The Times Groupe)- The sales of residential property in Turkey rose by nearly 40% year over year in April, official data showed, as the upward trend continued despite high borrowing costs and rising prices.

Turkey raises gas prices for industry, households

Istanbul (Times Of Ocean)- Turkish state-owned energy importer BOTAS said it had raised natural gas prices for industrial facilities by 50% and those for households by 35% late on Thursday, raising the prospect of further stoking inflation, which is expected to top 60% in March.

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