interest rates
- Turkiye
Turkiye’s Central Bank Raises Interest Rates to 50%: A 4,150 Basis Point Hike Since June 2023
Since June 2023, the CBRT has lifted the interest rate from 8.5 percent to 50 percent, a 4,150 basis point…
Read More » - Turkiye
Turkish Textile Firms in Crisis: Rising Costs and Economic Pressures Lead to Closures
It is hard for Dogan Duman to see how he can keep his garment factory in central Turkiye running much…
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Turkish stock exchange down at Tuesday opening
BIST 100 index drops 16 points from previous close Türkiye’s benchmark stock index, the BIST 100, opened lower on Tuesday…
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Turkiye leaves interest rates unchanged, in line with expectations
Turkish Central Bank keeps policy rate at 50% for 5th straight month Türkiye’s Central Bank on Tuesday kept the benchmark…
Read More » - UAE
Cheaper loans for UAE consumers likely soon
With the US Federal signalling a lowering of rates, UAE consumers can access cheaper credit Consumers in the UAE can…
Read More » - Business
Last Week in Review: Key Developments in Global Markets
From Fed’s Rate Decision to Trade Tensions: A Recap of the Week’s Top Economic News Last week, global markets closely…
Read More » - Turkiye
Construction sector makes weak start to second quarter
The construction sector has gotten off to a weak start in the second quarter of 2024, a report by the…
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Turkish Economy on the Rise: Positive Outlook from Citi and Bank of America
In recent reports from Citi and Bank of America (BofA), analysts have offered upbeat assessments of the Turkish economy and…
Read More » - Business
Bitcoin tops $70,000 for 1st time in over 5 weeks
Ethereum, world’s biggest altcoin by market cap, soars 11.7% daily Bitcoin on Monday climbed above the $70,000 level for the…
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Bitcoin climbs above $65,000 again with 6% daily gain
Rebound comes as consumer inflation in US slows down, raising hopes that Fed could begin rate cuts in September Bitcoin…
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