TRY in the spotlight: latest news

Gold (XAU/USD) is currently trading close to $4,225, reflecting a $150 increase this week and a 60% rise year-to-date, approaching the record of $4,250.

The IMARC Group has released a press statement detailing the trends, historical data, and future forecasts for lactic acid prices through 2025. For further insights, the report is available on openPR.com.

Finance Minister Simsek stated that the decline in inflation expectations among households and the real sector indicates progress in policy measures, which will gradually alleviate rigid pricing behaviors.

Japan's ¥21.3 trillion stimulus package, along with record yields on Japanese government bonds and increasing risks of intervention, contribute to the volatility of the USD/JPY exchange rate. Additionally, weaker U.S. economic data or signals of a dovish Federal Reserve could lead to further fluctuations in the currency pair.

BAGHDAD — Iraq's General Authority for Meteorology and Seismic Monitoring has issued a forecast for November 24 and the following days, indicating an increase in cloud cover, cooler temperatures, and a possibility of light rain across the country.

The International Monetary Fund (IMF) stated that Turkey's economic policies have produced positive outcomes, projecting both growth and inflation for the country.

Türkiye's consumer confidence index increased by 1.6% in November, reaching a level of 85, according to the Turkish Statistical Institute (TurkStat). This marks the strongest improvement in household finances observed.

Sto SE & Co. KGaA reported a 1.5% decrease in group-wide turnover for the first nine months of 2025 compared to the previous year.

A recent survey indicates that inflation expectations in Turkey are rising, with the year-end Consumer Price Index projected to reach 32.2%. Additionally, the outlook for the 12-month policy rate is set at 29.3%, as the market anticipates a minimum cut of 100 basis points in December.

Türkiye's Central Bank announced that inflation expectations for the end of 2025 have risen as indicated by its November Survey of Market Participants.

The exchange rate of the US Dollar to Chinese Yuan (USD/CNY) remained stable at approximately 7.1163, with the yuan fluctuating within a tight range as investors evaluate China's economic policies and fiscal prospects.

The Turkish foreign exchange market was valued at USD 11.19 billion in 2024 and is expected to expand to USD 24.68 billion by 2033, growing at a robust compound annual growth rate (CAGR) of 8.23%.

Fitch Ratings has confirmed Enerjisa Enerji A.S.'s National Long-Term Rating at 'A(tur)' and maintains a Stable Outlook.

Turkey's central bank has adjusted its inflation forecast for 2025, now projecting it to be between 31% and 33%. This increase is attributed to ongoing inflation risks, particularly related to food prices and various policy challenges.

Turkey's central bank has increased its official inflation forecast range for the end of 2025 to between 31% and 33%, as announced in its latest quarterly assessment on November 7.

Pluxee NV announced its Q3 2025 earnings, reporting revenues of €310 million, which exceeded analysts' expectations significantly.

The Euro to Swedish Krona (EUR/SEK) exchange rate remained stable at approximately 11.03 on Friday, showing minimal change throughout the week as the Swedish krona demonstrated strong resilience.

The USD/ZAR exchange rate concluded the week at approximately 17.32, showing minimal variation from Monday's opening levels, as the South African rand maintained its position.

The Swiss franc remains strong as we approach the end of the year, driven by persistent safe-haven demand despite a recovery in broader risk assets. Analysts at UBS suggest that the EUR/CHF exchange rate could face risks of dropping to 0.92 due to potential shocks, while a recovery could push it up to 0.94.

The President of the Central Bank of the Republic of Turkey, Fatih Karahan, announced the release of the fourth inflation report of the year, which includes updated inflation forecasts.

Turkey's central bank has maintained its interim inflation target of 16% for the end of 2026. Governor Fatih Karahan emphasized the commitment to this target during a recent announcement.

The Central Bank of the Republic of Türkiye (CBRT) has announced updated year-end inflation forecasts, projecting rates between 31 and 33 percent. The bank also anticipates that inflation will range from 13 to 19 percent by 2026, indicating ongoing inflationary pressures in the economy.

Turkey's central bank reaffirmed its interim inflation target of 16% for the end of 2026 on Friday, despite facing recent price pressures.

Türkiye's Central Bank has confirmed its interim inflation targets for 2025, 2026, and 2027, setting them at 24 percent, 16 percent, and 9 percent, respectively.

Türkiye's central bank has increased its inflation forecast for 2025 to a range of 31% to 33%. The interim target remains at 24%, while the target for 2026 is set at 16%.