Foreign currency
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Turkish Central Bank reserves rise to all-time high of $136.5 Billion
Gross reserves up by over $2B on weekly basis as of Friday, according to official figures Türkiye’s Central Bank on…
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CBRT: Deposits of the banking sector increased to ₺13 trillion 717.6 billion
Total deposits of the banking sector increased by ₺25.9 billion in the week ending September 29, reaching ₺13 trillion 717.6…
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Central Banks Continue to Stock Up on Gold Amid Economic Uncertainties
Central banks added a net total of 55 tons of gold in July, despite Turkiye’s previous sales. The People’s Bank…
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Deposits of the banking sector increased to ₺13 trillion 414.1 billion
The total deposits of the banking sector increased by ₺20.4 billion in the week ending August 25 to reach ₺13…
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Instruction from the Central Bank to banks to apply Currency Protected Accounts
The Central Bank of the Republic of Turkiye (CBRT) sent the implementation instruction to the banks regarding the regulations, which…
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Turkiye’s malls struggling under heavy debt
Despite booming retail sales, many of Turkiye’s shopping centers are struggling under heavy debt, according to Nuri Şapkacı, the president…
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Dollar/ruble parity exceeded 100 for the first time since March 2022
The dollar/ruble parity exceeded the 100 level for the first time since March 23, 2022. On the first trading day…
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Hazelnut harvest season starts in Black Sea Region
Producers in the Black Sea Region have officially commenced the harvest season for hazelnuts, which constitute one of the country’s…
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The Central Bank will give foreign currency to private banks on CPD returns
The Central Bank of the Republic of Turkiye (CBRT) will provide foreign currency to private banks on Currency Protected Deposit…
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Turkiye raises fees for international vessels transiting Turkish straits
In line with a new mandate, transit fees imposed on international vessels passing through the Turkish straits will be $4.42…
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