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 Business Finance HIGHLIGHTS Turkey’s swap deal with UAE boosts CB reserves Atilla YeşiladaPosted on20 January, 2022 Turkey and the United Arab Emirates have agreed to a currency swap deal equivalent to … Continue ReadingTurkey’s swap deal with UAE boosts CB reserves
Categories Economy General HIGHLIGHTS S&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves Cem CetingucPosted on3 December, 2021 Turkey risks damaging confidence in the lira further by using “borrowed” reserves to defend its … Continue ReadingS&P Global Ratings: Risks drastically increase as Turkey uses borrowed lira reserves
Categories Finance HIGHLIGHTS Markets Al Monitor: Turkish lira nears record lows Atilla YeşiladaPosted on13 May, 2021 Turkey’s lira fell to a six-month low on Thursday as risks of tighter U.S. monetary … Continue ReadingAl Monitor: Turkish lira nears record lows
Categories Economy FT: Turkey looks to weather coronavirus crisis without IMF support Atilla YeşiladaPosted on27 May, 202029 May, 2020 Turkey’s battered finances have been shaken further by the coronavirus pandemic but President Recep Tayyip … Continue ReadingFT: Turkey looks to weather coronavirus crisis without IMF support
