Categories Finance HIGHLIGHTS Turkey is scrambling all over to avert currency crisis Atilla YeşiladaPosted on8 December, 2022 Saudi Arabia will place a $5 billion deposit at Turkey’s central bank “within days,” the … Continue ReadingTurkey is scrambling all over to avert currency crisis
Categories Economy Finance HIGHLIGHTS HYPED Pressure on Erdogan rises: Turkish economy on a free fall Cem CetingucPosted on30 November, 2022 Turkey’s economy fared worse than forecast as it grew at the slowest pace since a … Continue ReadingPressure on Erdogan rises: Turkish economy on a free fall
Categories Economy Finance HIGHLIGHTS Turkey in final stage talks for up to $10 bln funding from Qatar -sources Güldem AtabayPosted on25 November, 2022 Turkey and Qatar are in the final stages of talks for Doha to provide up … Continue ReadingTurkey in final stage talks for up to $10 bln funding from Qatar -sources
Categories Economy Finance HIGHLIGHTS Saudi Arabia close to make $5 billion deposit with Turkey- aiding Erdogan’s election agenda Güldem AtabayPosted on22 November, 2022 A Saudi Ministry of Finance spokesperson has said that Saudi Arabia and Turkey are in … Continue ReadingSaudi Arabia close to make $5 billion deposit with Turkey- aiding Erdogan’s election agenda
Categories Business Economy Finance HIGHLIGHTS Fitch warns Turkish lenders about rising risks Cem CetingucPosted on17 November, 2022 Fitch Ratings-London/Dubai-16 November 2022: Turkish banks’ refinancing risks have increased further as macroeconomic imbalances rise, … Continue ReadingFitch warns Turkish lenders about rising risks
Categories Company & Industry Finance General HIGHLIGHTS Turkish authorities investigate reasons of FTX’s collapse Cem CetingucPosted on17 November, 2022 The Turkish regulator joined the United States and the Bahamas in investigating the exchange’s fall. … Continue ReadingTurkish authorities investigate reasons of FTX’s collapse
Categories Business Finance HIGHLIGHTS Turkish Central Bank’s high-wire act to control the exchange rate Atilla YeşiladaPosted on12 November, 2022 (Reuters) – Turkey’s central bank has put the finishing touches to a reserve-management system that … Continue ReadingTurkish Central Bank’s high-wire act to control the exchange rate
Categories Economy Finance HIGHLIGHTS Markets Turkey and rest of Middle East suffer from US rate hike Cem CetingucPosted on11 November, 2022 The United States’ decision to increase interest rates is putting pressure on economies in the Middle East, … Continue ReadingTurkey and rest of Middle East suffer from US rate hike
Categories Business Company & Industry Finance HIGHLIGHTS TUPRS: Reflecting 3Q beat; tight diesel supply Cem CetingucPosted on9 November, 2022 We increase our TP for Tupras to TRY422.60 (from TRY341.40 previously) as we add the … Continue ReadingTUPRS: Reflecting 3Q beat; tight diesel supply
Categories Business Finance HIGHLIGHTS Central Bank and commercial lenders involved in a stare-down Atilla YeşiladaPosted on8 November, 2022 The Turkish Central Bank is telling top bank executives in ongoing talks that it will … Continue ReadingCentral Bank and commercial lenders involved in a stare-down
Categories Finance HIGHLIGHTS Barclays: TL doomed to drop in 2022-2023 Atilla YeşiladaPosted on8 November, 2022 “TRY has remained stable recently, but we do not see this as sustainable. We believe … Continue ReadingBarclays: TL doomed to drop in 2022-2023
Categories Company & Industry Economy Finance General HIGHLIGHTS Turan: Access to loan gets more difficult on a daily basis Cem CetingucPosted on30 October, 2022 Turkey’s leading TÜSİAD business association chair Orhan Turan has said that access to loan is … Continue ReadingTuran: Access to loan gets more difficult on a daily basis
Categories Company & Industry Finance General HIGHLIGHTS Turkish banks heavily concerned about new monetary rules Cem CetingucPosted on27 October, 202227 October, 2022 Turkish bank executives raised concerns with authorities this week that a year of new rules … Continue ReadingTurkish banks heavily concerned about new monetary rules
Categories Economy Finance General HIGHLIGHTS HYPED Nebati met with bank officials on Monday Cem CetingucPosted on26 October, 2022 Turkish Finance Minister Nureddin Nebati has met several bank executives and the BDDK financial watchdog … Continue ReadingNebati met with bank officials on Monday
Categories Economy Finance General HIGHLIGHTS HYPED CBRT cuts interest rate again despite soaring inflation Cem CetingucPosted on20 October, 202220 October, 2022 Turkey’s central bank lowered its benchmark interest rate for the third time in a row … Continue ReadingCBRT cuts interest rate again despite soaring inflation
Categories Finance HIGHLIGHTS Markets Why Türkiye’s Lira is Broken (It’s Not Interest Rates) (ft. @Into Europe) Atilla YeşiladaPosted on12 October, 2022 Did you like this video? Would you like to know more about Turkish economy … Continue ReadingWhy Türkiye’s Lira is Broken (It’s Not Interest Rates) (ft. @Into Europe)
Categories Economy Finance General HIGHLIGHTS HYPED HSBC: CBRT sold 107 billion dollars in 9 months Cem CetingucPosted on10 October, 202210 October, 2022 According to HSBC Portfolio’s calculations, it is estimated that the Central Bank’s reserves for exchange … Continue ReadingHSBC: CBRT sold 107 billion dollars in 9 months
Categories Economy Finance HIGHLIGHTS Politics Turkey eyes to become leader in Islamic finance, says official Güldem AtabayPosted on5 October, 20225 October, 2022 Türkiye aims to position itself as the leading country in Islamic finance, a senior finance … Continue ReadingTurkey eyes to become leader in Islamic finance, says official
Categories Finance HIGHLIGHTS Markets Real Turkey Special Video: Global Debt Crisis Beckoning! Atilla YeşiladaPosted on3 October, 2022 Is the world heading towards a crisis like 2008 Great Financial Disaster? … Read More >Real Turkey Special Video: Global Debt Crisis Beckoning!
Categories Economy Finance General HIGHLIGHTS HYPED Turkey prevented economic collapse through own measures: Erdoğan Cem CetingucPosted on2 October, 2022 President Recep Tayyip Erdoğan on Friday said Türkiye had foiled what he said were traps … Continue ReadingTurkey prevented economic collapse through own measures: Erdoğan
