currency
- Business
Turkiye’s Finance Minister Simsek: Turkish Lira Among Best-Performing Currencies
Türkiye’s Minister of Treasury and Finance, Mehmet Şimşek, stated that the Turkish lira is among the best-performing currencies during his…
Read More » - Turkiye
Istanbul Leads Turkiye in Foreign Exchange Deposits with $2.5 Trillion Holdings
Turkish metropolis of Istanbul leads the country in terms of foreign exchange deposit share, according to the Banking Regulation and…
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CEO Concerns: 85% Fear Inflation, 79% Worry About Currency Volatility in Türkiye
Top executives predict that Türkiye’s business environment will remain stable in the near future, with only 10% expecting improvements. According…
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Central Bank of Türkiye Lowers Foreign Currency Loan Growth Limit to 1%
The Central Bank of Türkiye (CBRT) has revised its mandatory reserve requirements for loan growth to align credit expansion and…
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The global cryptocurrency market value has fallen below $2 trillion.
According to data from analysis firm Coinmarketcap, as of 11:45 AM, Bitcoin, which saw nearly a 6% decrease in the…
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The Japanese yen has fallen to its lowest level against the dollar since 1986
The dollar/yen exchange rate recently rose by 0.4% to 160.39, a level last seen in December 1986. As the Japanese…
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Ministry of Treasury and Finance Denies Claims of Privatizing and Selling 19 State-Owned Enterprises
The Ministry of Treasury and Finance has denied claims that 19 state-owned enterprises (KİTs) will be privatized, sold to foreign…
Read More » - Turkiye
FCP Reserves Experience the Fastest Decline in Three Months
The Protected Turkish Lira Deposit and Participation Accounts (FCP) decreased by approximately 37 billion lira last week, marking the strongest…
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Turkish Banking sector’s deposits decreased
The total deposits of the banking sector decreased by approximately 37.4 billion lira compared to the previous week, reaching 16…
Read More » - UAE
UAE, Indonesia sign agreement to promote local currencies for bilateral transactions
Agreement to facilitate the settlement of cross-border trade transactions in the two national currencies The Central Bank of the UAE…
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