Foreign currency
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GCC Remittances Hit Record $161 Billion as Expat Employment and Non-Oil Growth Expand
Gulf remittance outflows rose $19b as expatriate employment and non-oil activity expands Workers in the Gulf Cooperation Council countries sent…
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Turkiye’s External Assets Rise 4.2% to $419.6 Billion as Liabilities Reach $818.3 Billion
Liabilities to non-residents increase 1% to $818.3B, leaving net international investment position at minus $398.7B Türkiye’s external assets rose 4.2%…
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Turkiye’s Fresh Fruit Exports Surpass $1 Billion for First Time in Seven Months
Türkiye’s fresh fruit exports exceeded the $1 billion mark for the first time in the January-July period, supported by higher…
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Turkish Investors’ Overseas Property Investments Surge to $2.6 Billion, Driven by Dubai and Foreign-Currency Returns
Turkish investors’ overseas real estate investments reached $2.6 billion in the second quarter of 2026, exceeding the average level of…
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Turkiye’s Central Bank Reserves Surge $13.7 Billion to $178.2 Billion
Türkiye’s central bank reserves jumped by about $13.7 billion in the week ending Aug. 7, reaching approximately $178.2 billion, the…
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Turkiye Central Bank Says Macroprudential Policies Strengthen Lira Lending and Financial Stability
Recent macroprudential policy successfully shift commercial borrowing towards lira and stabilize household indebtedness, shows Central Bank report Türkiye’s Central Bank…
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Fitch Revises Credit Outlook of 22 Turkish Banks to Positive Amid Rising FX Reserves
International credit rating agency Fitch Ratings revised the credit outlook of 22 Türkiye-based banks from stable to positive on Wednesday,…
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Fitch Upgrades Turkiye’s Credit Outlook to Positive on Strong FX Reserves and Improved External Position
Agency cites stronger FX reserves, improved external position, continued tight policies Fitch Ratings upgraded its outlook Friday on Türkiye’s long-term…
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Turkish central bank eases reserve rules to encourage long-term foreign funding
The Central Bank of the Republic of Türkiye (CBRT) introduced a new round of changes to its reserve requirement framework…
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Fitch upgrades ratings of several Turkish banks
Fitch says upgrades reflect its improved assessment of Turkish operating environment, also considering banks’ stable business and financial profiles maintained…
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