Cities in Turkey

Economic model helps limit exchange rate volatility: Nebati

Türkiye's economic model helps limit the effects of the volatility in exchange rate, Treasury and Finance Minister Nureddin Nebati has said.

The Türkiye Economic Model supports exports by adopting the value-added production approach, he added.

"With this mode, the impacts of exchange rate volatility, which is occasionally experienced, is limited," Nebati wrote on Twitter.

Meteorologists warn of torrential rain in northern provinces

The Turkish State Meteorological Service has issued a torrential rain warning for the northern provinces and has declared "yellow" and "orange" alerts for Giresun, Trabzon, Rize and Artvin.

According to the bureau's latest weather report, torrential rains are expected especially in Marmara and Black Sea regions.

Resort town Bodrum eyes 1 mln foreign visitors this year

Some 1 million foreign tourists are expected to visit the popular resort town of Bodrum in the western province of Muğla, according to Ömer Faruk Dengiz, the head of the local hoteliers' association (BODER).

Since the start of the year, 500,000 foreign holidaymakers have arrived in the town by plane, and this figure will further rise to 800,000 by the end of 2022, Dengiz said.

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