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Tag: turkish central bank

Turkish firms to be able to open lira deposit protection accounts
Business

Turkish firms to be able to open lira deposit protection accounts

March 30, 2023

Turkish corporations going through foreign exchange funds can open lira accounts protected in opposition to depreciation with out changing international trade. An announcement within the

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Turkish central bank to maintain policies under liraization strategy
Business

Turkish central bank to maintain policies under liraization strategy

March 28, 2023

Türkiye’s Central Bank chief on Tuesday stated the physique would keep insurance policies underneath its liraization technique, geared toward eliminating sensitivity to international trade price

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Turkish central bank reports .78B profit for 2022
Business

Turkish central bank reports $3.78B profit for 2022

March 24, 2023

The Central Bank of the Republic of Türkiye (CBRT) has reported a internet revenue of TL 72.02 billion ($3.78 billion) for the yr 2022, in

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Saudi Arabia deposits  billion in Türkiye’s central bank
Business

Saudi Arabia deposits $5 billion in Türkiye’s central bank

March 6, 2023

Saudi Arabia on Monday introduced it had signed an settlement with Türkiye to deposit $5 billion (TL 94.57 billion) within the nation’s central financial institution,

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Turkish central bank unveils waivers to support loans in quake zone
Business

Turkish central bank unveils waivers to support loans in quake zone

March 3, 2023March 3, 2023

The Central Bank of the Republic of Türkiye (CBRT) has granted some exemptions in loans for the reconstruction of the nation’s southeastern area struck by

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Turkish central bank cuts rate to 8.5%, monitors quake’s economic effect
Business

Turkish central bank cuts rate to 8.5%, monitors quake’s economic effect

February 23, 2023February 23, 2023

The Central Bank of the Republic of Türkiye (CBRT) on Thursday slashed its benchmark coverage price by 50 foundation factors after protecting it unchanged for

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Turkish central bank cuts rate to 8.5%, monitors quake’s economic effect
Business

Turkish central bank delivers 50-basis-point rate cut

February 23, 2023

The Central Bank of the Republic of Türkiye (CBRT) slashed its benchmark coverage price by 50 foundation factors after conserving it unchanged for 2 consecutive

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Turkish central bank expected to cut rates to ease quakes’ impact
Business

Turkish central bank expected to cut rates to ease quakes’ impact

February 21, 2023

Türkiye’s central financial institution is forecasted to decrease its benchmark coverage charge this week, a ballot confirmed Monday, after devastating earthquakes struck the nation’s southeastern

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CBRT biggest buyer as global central banks add most gold since 1967
Economy

CBRT biggest buyer as global central banks add most gold since 1967

February 7, 2023February 7, 2023

Huge demand within the second half of 2022 took the annual shopping for of gold by world central banks to a 55-year excessive, with the

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Türkiye to stick to low rate policy post elections: Finance chief
Business

Türkiye to stick to low rate policy post elections: Finance chief

February 6, 2023February 6, 2023

Türkiye will preserve rates of interest low even after elections which are anticipated in May and won’t reverse course on financial coverage, in accordance with

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