Turkish Central Bank

Newly printed 200 Turkish lira and 10 Turkish lira banknotes will go into circulation on July 16, ahead of next week's Muslim holiday of Eid al-Adha, or the Feast of the Sacrifice, said an official announcement.

Turkey posted a 17.53 percent annual hike in consumer prices in June, the country's statistical authority said on July 5.

Annual inflation rose 0.94 percentage points last month, up from 16.59 percent in May, according to the Turkish Statistical Institute (TÜİK).

Turkey's external assets amounted to $249.9 billion at April-end, down 4.4 percent from 2020, the Turkish Central Bank announced on June 21.

The country's liabilities against non-residents during the same period fell 9.1 percent to $593.5 billion.

The Turkish Central Bank (CBRT) and People's Bank of China (PBOC) expanded their swap agreement, which was signed in May 2019, by 35.1 billion Turkish liras ($4.12 billion) and 23 billion Chinese yuan ($3.59 billion).

Turkey's January-May primary balance shows that the nation resolutely maintained its fiscal discipline policies, the treasury and finance minister said on June 15. 

The current account deficit data released on Monday indicates that we are on the path to recovery, Lütfi Elvan said in a tweet.

Turkey's current account balance posted a deficit of some $1.71 billion in April, down by $3.58 billion from the same month last year, the Turkish Central Bank announced on June 14. 

According to the balance of payments figures released by the bank, the country's 12-month rolling deficit totaled around $32.7 billion.

Treasury and Finance Minister Lütfi Elvan vowed on June 11 to continue to fight against inflation to ensure prosperity, saying that the government and the Turkish Central Bank would be in close cooperation for this purpose.

The capacity utilization rate (CUR) in the Turkish manufacturing industry fell on a monthly basis in May, according to official data announced on May 25. 

Local manufacturing industry units operated at 75.3% of their capacity this month, down 0.6 percentage points from March, according to a survey by the Turkish Central Bank.

Turkey's external assets reached $250.2 billion in the first three months of 2021, an increase of 3.5 percent from the end of last year, Turkish Central Bank data showed on May 20.

The country's liabilities against non-residents fell 8.6 percent to $589.5 billion during the January-March period.

The Turkish police have identified three more suspects in the Thodex cryptocurrency exchange platform fraud case, Demirören News Agency reported on May 17.

Those suspects include a software developer, a financial department employee and the wife of Thodex founder Faruk Fatih Özer's older brother, the report said.