Turkish currency and debt crisis

Turkey's external assets hit $247.5 billion as of this September, up 8 percent from 2018-end, the Turkish Central Bank revealed on Nov. 19.

Turkey saw 142,810 house sales in October with an annual drop of 2.5 percent, the Turkish Statistical Institute (TÜİK) said on Nov. 18.

Turkish President Recep Tayyip Erdoğan on Nov. 16 said that interest rates will continue to fall and inflation is expected to hit single digits in 2020.

Turkey's outstanding short-term foreign private-sector debt dropped in September, the Central Bank of the Republic of Turkey (CBRT) said on Nov. 15.

Turkey's central government budget balance saw a deficit of 100.7 billion Turkish liras ($17.8 billion) in the first 10 months of 2019, official figures showed on Nov. 15.

Turkey's unemployment rate stood at 14.0 percent this [2019] August, the country's statistical authority announced on Nov. 15.

International credit ratings agency Moody's on Nov. 14 upgraded Turkey's economic growth forecast owing to the country's growth-friendly fiscal policy.

Turkey's red meat production surged in the third quarter of 2019, the country's statistical authority said on Nov. 12.

Turkey's current account balance saw a $2.48 billion surplus in September, bettering by $599 million from September 2018, the Turkish Central Bank announced on Nov. 12.

International demand for a new Turkish bond issue more than tripled its actual size, said Turkey's Treasury and Finance Ministry on Nov. 8.