World Bulletin / News Desk
Turkey's benchmark stock index started day with a 0.64 percent hike to open at 105,889.01 points on Tuesday.
Borsa Istanbul's BIST 100 index rose 674.14 points at the opening session. The index was up 1.6 percent to 105,214.87 points with a 5 billion Turkish lira ($1.3 billion) trade volume at Monday's close.
At the opening session on Tuesday morning, the banking and holding sector indices rose by 0.94 and 0.47 percent, respectively. The wholesale and retail trade sector performed the best at the opening -- up 1.03 percent -- while all sector indices recorded a rise.
One U.S. dollar traded for 3.8650 Turkish liras as of 9.30 a.m. local time (0630GMT) Tuesday, compared with the Monday's closing USD/TRY rate at 3.8970. The USD/TRY exchange rate was 3.9250 last Friday, after climbing to nearly 3.97 -- its historic high -- last month.
The EUR/TRY rate rose to 4.5880 on Tuesday morning, down from 4.6180 at the close on Monday.
The price of Brent oil fell to $62.36 per barrel as of 9.45 a.m. local time (0645GMT) Tuesday, compared with Monday's close at $62.74.
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Tax revenues totals nearly $72.1 billion while interest payments amounts to over $8.2 billion in January-June period
BIST 100 rises over 700 points; USD/TRY exchange rate stays at 4.8360
Country's egg, chicken, turkey, and meat production climbed in May on yearly basis, says official data
BIST 100 rises over 400 points, while USD/TRY exchange rate drops to 4.8460
Saudi Arabia intends to invest as much as $10 billion in South Africa’s economy, with a focus on energy projects
Share of young people in Turkey age 15-24 who are not in employment, education, or training down 4.5 pct in Q1 year-on-year
Treasury and Finance Minister Berat Albayrak says effective Central Bank is among main policy targets of new era
The European Commission, the EU's executive arm, said the 19-country single currency bloc would expand by 2.1 percent in 2018, lower than the 2.3 percent forecast just weeks ago in early May.
Country's central government research and development expenditures rise by 17.5 percent year-on-year in 2017
The IEA welcomed in its July report last month's agreement between the Organization of the Petroleum Exporting Countries (OPEC) and Russia to open the taps in order to bring prices down from multi-year highs.
In its monthly report, the Organization of the Petroleum Exporting Countries said buoyant world trade in 2017 and 2018 had helped impulse economic growth, and therefore demand for crude.
12-month rolling deficit stands at $57.6 billion, Turkish central bank says