currency
- Business
Turkish lira falls to record low before the Elections approaching in the coming weeks
The Turkish lira has weakened to a new record of 19.39 against the US dollar in the early morning trades,…
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Turkish exports hit all-time high of $254.2Billion, President Erdogan announces
Despite global challenges, figure rose 12.9% from a year earlier, says Recep Tayyip Erdogan Turkiye’s exports hit an all-time high…
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Foreign trade in Turkish Lira leap 110 percent
Turkiye’s foreign trade volume in the Turkish Liras increased by 110 percent in the first 10 months of 2022 from…
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Turkish central bank takes another step to boost lira deposits
Central bank wants lira deposits at least 50% of totalSecurities maintenance ratio lifted to 5% from 3%Banks most hold further…
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Turkiye: Currency-protected deposit balance exceeded ₺1.3 trillion
Treasury and Finance Minister Nureddin Nebati said, “The Currency Protected Deposit Application, which we implemented 9 months ago to protect…
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Economic sentiment in EU, euro area plummets in July
Economic sentiment indicator in eurozone falls for 5th month in row to 99 in July, official data shows Economic sentiment…
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Private sector’s external debt at $164 billion
The private sector’s total outstanding loans received from abroad declined by $5.4 billion from the end of 2021 to $163.6…
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Euro slides to 20-year low against the dollar as recession fears build
The euro fell to its lowest level in two decades on Tuesday, sliding over 1% to hit $1.0305.The currency has…
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Turkish Central Bank reserves at $106.9B in April
Bank’s foreign currency reserves rise 3%, gold reserves down 1.3% The Turkish Central Bank’s reserves rose to $106.9 billion as…
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