The Stock Market in Istanbul Breaks the Record
The index of Istanbul’s Stock Exchange broke its historical record and reached the point of 100.000 to be the highest level in its history since its inception until the present time.
The Turkish lira reached its highest level against the US dollar in the last days and reached the level of 3.531 liras per dollar, after measures taken by the Central Bank of Turkey and the increasing demands of investors in the Turkish markets again.
Studies show that Turkey’s economy grew by 5% in the first quarter of 2017, according to the Turkish Statistics Foundation.
Turkey’s gross domestic product (GDP) rose 5% in the first three months of this year, according to the institution’s data.
According to studies and expectations related to the growth of the Turkish economy, the growth in the Turkish economy in the first quarter of this year will increase by 3.8%.
The Turkish economy in the first quarter of last year reached 4.5%, and by 3.5% during the last quarter, while achieving an average growth of 2.9% over the year.