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Bank of America reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in response to...
(Reuters) -Turkey's lira gained and stocks wobbled on Monday after the political opposition logged a thumping victory over President Tayyip Erdogan's AK Party (AKP) in local elections. Analysts said...
By Marc Jones LONDON (Reuters) -This year might go down as one of the most unusual ever in financial markets - mainly because everything seems to have come good despite a lot of turbulence and many...
ANKARA - In a bold move to tackle the country's soaring inflation, the Central Bank of Turkey has increased its interest rates by five percentage points, bringing the rate to a staggering 40%. This...
Binance Blockchain Week Istanbul 2023 saw global crypto exchange Binance bringing its flagship event to Turkey on Nov. 8–9, where business is conducted in the Turkish lira — a top trading...
Analysts at Deutsche Bank have forecasted a significant turnaround for Turkish lira bonds, suggesting they could transition from the worst-performing local debt market in emerging nations this year to...
Turkey's central bank reported a striking development on Monday as the country posted a September current account surplus of $1.88 billion. This positive shift comes after an August deficit of $357...
The Turkish Lira (TRY) became the most dominant fiat trading pair on Binance in the month of September, according to the crypto exchange’s research. Turkish Lira accounted for 75% of all fiat...
By Ebru Tuncay ISTANBUL (Reuters) - Turkish banks plan to urge Treasury authorities to allow them to use inflation-adjusted accounting, rather than exempting them and ramping up taxes for the sector...
Global banks are revising their interest rates in response to ongoing inflation that has been affecting corporate profit margins and causing stock prices to fall. The Central Bank of Azerbaijan has...
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