Foreign exchange
- Business
The upper limit for the share of banks’ net foreign exchange position in their own resources increased to 10%
The BRSA increased the upper limit for the share of banks’ net foreign exchange position in their own resources from…
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Global trade to recover in coming quarters
Global trade is expected to recover in the coming months on the back of advantageous foreign exchange movements, and the…
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Production of drugs with high demand to be increased: Minister
The recent shortage of drugs experienced by pharmacies across the country will be resolved in the coming weeks, as the…
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The official reserve assets of the CBRT reached $128.7 billion in December 2022
The official reserve assets of the Central Bank of the Republic of Turkiye (CBRT) increased by 5.2% in December 2022…
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1 Million People Came To Turkiye For Hair Transplant In 2022
Turkish Health Tourism Association President Dr. Servet Terziler said that 1 million people came to Turkiye for hair transplantation in 2022,…
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Turkish Central Bank maintains 5% mid-term inflation target
Bank in 2023 will continue to not buy or sell FX to determine foreign exchange rate level, it says In…
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China’s Silk Road Fund to invest in Indonesian pharma firms
China’s Silk Road Fund (SRF) and Indonesia’s INA sovereign fund INA invest in two state-owned Indonesian pharmaceuticals companies in a…
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Turkish Firms’ FX assets at $171 billion
Foreign exchange assests of non-financial companies declined by $260 million from July to $171.4 billion in August, data from the…
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Central Bank of the Republic of Turkiye’s total reserves amounted to $114.2 billion
Total reserves of the Central Bank of the Republic of Turkiye (CBRT) increased by $213 million in the week of…
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Central Bank of the Republic of Turkiye’s reserves are at the highest level of the year
The total reserves of the Central Bank of the Republic of Turkiye reached the highest level of the year with…
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