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Tag: Turkish lira

Deposits under Türkiye’s FX-protected lira scheme hit nearly B
Business

Deposits under Türkiye’s FX-protected lira scheme hit nearly $92B

April 14, 2023

The upward pattern within the quantity of deposits below a government-backed scheme that safeguards Turkish lira deposits from depreciation has reached a brand new report,

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Deposits under Türkiye’s FX-protected lira scheme hit nearly B
Business

Deposits under Türkiye’s FX-protected lira scheme hit record $34.5B

April 14, 2023

The upward pattern within the quantity of deposits below a government-backed scheme that safeguards Turkish lira deposits from depreciation has reached a brand new file,

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Turkish central bank unveils new steps to boost de-dollarization
Business

Turkish central bank unveils new steps to boost de-dollarization

April 7, 2023

Türkiye’s central financial institution introduced on Friday recent steps consistent with its targets to spice up de-dollarization and preserve down Turkish lira authorities bond yields.

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Türkiye scraps rate cap on individuals’ FX-protected lira accounts
Business

Türkiye scraps rate cap on individuals’ FX-protected lira accounts

March 31, 2023March 31, 2023

Türkiye has eliminated the utmost rate of interest restrict for home particular person traders in a government-backed scheme that safeguards Turkish lira deposits from depreciation,

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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 banks launch internal stress tests ahead of elections
Business

Turkish banks launch internal stress tests ahead of elections

March 28, 2023March 28, 2023

Major Turkish banks have launched inner stress assessments in opposition to potential market shocks as a result of May elections, trade executives mentioned Tuesday. The

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Moscow Exchange to start trading Turkish lira from March 1
Business

Moscow Exchange to start trading Turkish lira from March 1

February 28, 2023February 28, 2023

Russia’s Moscow Exchange (MOEX) introduced Monday to commerce the Turkish lira and Hong Kong greenback as of March 1. MOEX stated the launch of recent

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Moscow Exchange to start trading Turkish lira from March 1
Business

Moscow Exchange to start trading Turkish lira from March 1

February 28, 2023February 28, 2023

Russia’s Moscow Exchange (MOEX) introduced Monday to commerce the Turkish lira and Hong Kong greenback as of March 1. MOEX stated the launch of latest

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Turkish central bank to back firms repatriating forex from abroad
Business

Turkish central bank to back firms repatriating forex from abroad

January 27, 2023

Turkish firms, together with exporters and tourism companies that herald overseas forex from overseas, will likely be provided overseas alternate conversion assist by the nation’s

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