Categories Economy Finance Markets Turkish Wealth Fund to inject USD3 bn capital to state banks Editor P.A.Posted on11 May, 202021 May, 2020 Turkey’s sovereign wealth fund said on Monday that it launched works on increasing three state … Continue ReadingTurkish Wealth Fund to inject USD3 bn capital to state banks
Categories Company & Industry Economy Finance Markets Swap ban on three banks lifted; lira under focus still Editor P.A.Posted on11 May, 202021 May, 2020 Turkey reversed its recently placed ban on BNP Paribas SA, Citigroup Inc. and UBS Group … Continue ReadingSwap ban on three banks lifted; lira under focus still
Categories Markets The strengthening of the TL is temporary Editor P.A.Posted on8 May, 202021 May, 2020 Turkish Lira closed the Turkish trading hours on Friday at 7.11, a substantial gain vs … Continue ReadingThe strengthening of the TL is temporary
Categories Economy Finance Markets Pressure on Turkey’s Economy Builds as Lira Hits Record Low Editor P.A.Posted on7 May, 202021 May, 2020 The Turkish lira slid to its lowest level in two years on Thursday as investors … Continue ReadingPressure on Turkey’s Economy Builds as Lira Hits Record Low
Categories Markets OPINION: Remember Pastor Brunson? Editor P.A.Posted on5 May, 202021 May, 2020 Pastor Andrew Brunson is an evangelical clergyman who had settled in Turkey to teach the … Continue ReadingOPINION: Remember Pastor Brunson?
Categories Economy Markets TL weakness hardly offset by weak demand: Inflation strong Editor P.A.Posted on4 May, 202021 May, 2020 Turkey’s April Consumer Price Index (CPI) increased by 10.94% annually and 0.85% monthly which beats … Continue ReadingTL weakness hardly offset by weak demand: Inflation strong
Categories Economy Finance Markets Turkish currency weakens below “danger threshold” Editor P.A.Posted on4 April, 202021 May, 2020 Turkey seems to have two options left. Either Ankara will impose some type of mild … Continue ReadingTurkish currency weakens below “danger threshold”
