Tag: Mehmet Şimşek

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“Tourism is booming” – Turkiye’s Finance Minister Şimşek confirms country’s best ever July visitor figures

Finance Minister Mehmet Şimşek took to social media to share the good news that over 7 million tourists entered Turkiye last month, making it the best July on record for foreign visitors. The significant increase in visitor numbers isn’t just good news for Turkiye’s tourism sector, it also has an important bearing on the country’s […]

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Interest rate hike stabilises tumbling Turkish lira
 

  After weeks of depreciation, the Turkish lira appears to have rallied back, closing at 4.66 against the US dollar on Monday. It follows Turkey’s central bank raising interest rates to try and prop up the embattled currency, which hit a record low of 4.9290 last week. Leading government officials also met with investors in […]