Türkiye is already a main hub for overseas investments and can additional strengthen its place within the coming years, in line with Burak Dağlıoğlu, head
Tag: Turkish economy
Eyes on policy path as Türkiye taps ex-US bank exec to run central bank
President Recep Tayyip Erdoğan on Friday named a former senior U.S.-based financial institution govt because the nation’s new central financial institution chief, in what analysts
Industrialists expect Türkiye’s new program to ensure macro-stability
Türkiye’s prime business group on Friday stated it anticipated the brand new finance minister’s financial program to contribute to macroeconomic stability, because it harassed that
Türkiye’s current account gap widens as focus shifts to policy moves
Türkiye’s present account deficit widened greater than anticipated in April, official knowledge confirmed Monday, because the imbalance poses some of the vital challenges for the
Türkiye’s new central bank chief resigns from Marsh McLennan board
Hafize Gaye Erkan has stepped down as a member of the board of Marsh McLennan, a Fortune 500 agency, after she was tapped final week
Fresh shot in the arm as Turkish traders await Qurban Bayram spree
Turkish merchants are to be pumped with a recent impetus as one of many largest holidays of the Islamic calendar is predicted to propel a
Türkiye plans gradual exit from FX-protected lira scheme
Newly elected Vice President Cevdet Yılmaz on Thursday mentioned Türkiye couldn’t instantly abandon a government-backed scheme that safeguards Turkish lira deposits in opposition to overseas
Turkish central bank reverses rule on credit card cash withdrawals
Türkiye’s central financial institution has rescinded its resolution made this week that mandated banks to carry securities for money withdrawals made utilizing bank cards and
Türkiye’s inflation to fall further in absence of major lira volatility
Türkiye’s inflation is anticipated to fall additional towards year-end with out main volatility or a big depreciation within the Turkish lira, in line with a
Turkish central bank hikes FX conversion requirement for banks
Türkiye’s central financial institution has introduced that lenders will now be mandated to transform 10% of their international foreign money deposits into Turkish lira or