Economy of Northern Cyprus

Turkey's exports were worth $13.2 billion in August, up 1.7% from a year earlier, the country's trade minister said on Sept. 4.       

Turkish domestic tourism expenditures rose 10.8% year-on-year in the first quarter of 2019, according to the Turkish Statistical Institute (TÜİK) on Aug. 6.

The Central Bank of Turkey (CBRT) has announced that Turkish lira currency swap transactions would be executed with widened periods.

A total of 313,213 first- and second-hand vehicles were registered in January-June, Turkish Statistical Institute (TÜİK) announced on Aug. 2.

The Turkish lira firmed on Thursday afternoon after US President Donald Trump said the United States is not currently looking at sanctioning Turkey over its purchase of Russian air defence systems. 

The calendar-adjusted retail sales volume index declined by 6.9 percent on an annual basis in April, the Turkish Statistics Institute (TÜİK) announced on June 18.

Turkey will "take reciprocal steps" if the United States imposes sanctions over the purchase of Russian S-400 defense systems, Turkish Foreign Minister Mevlut Cavusoglu said on Friday.

The Turkish lira weakened briefly to 5.9075 against US dollar after the comment, to its weakest level in two weeks.

Confidence of Turkish consumers in the economy fell by 13% in May, the Turkish Statistical Institute (TÜİK) said on May 21.

Turkey's Personal Data Protection Authority (KVKK) said on May 10 it had fined Facebook a total of 1.65 million lira (around $270,976.01) in April due to a data breach.

Turkey's Central Bank has suspended its one-week repo auctions in a bid to defend the Turkish Lira.