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Bank of America (NYSE:BAC) reported that investors had broadly sold off the US dollar last week, influenced by slightly positive economic indicators from the United States. The movement came in...
By Marc Jones LONDON (Reuters) - The U.S. and China on downgrade warnings, Turkey hoping for its first upgrade in a decade and Israel facing its first cut - plus more than 50 elections to navigate -...
MOSCOW (Reuters) - Turkey and Turkish companies have saved around $2 billion on energy bills in 2023 by raising imports of discounted Russian oil and refined products, Reuters calculation based on...
ANKARA - In a bold move to tackle the country's soaring inflation, the Central Bank of Turkey has increased its interest rates by five percentage points, bringing the rate to a staggering 40%. This...
Analysts at Deutsche Bank (ETR:DBKGn) have forecasted a significant turnaround for Turkish lira bonds, suggesting they could transition from the worst-performing local debt market in emerging...
Turkey's central bank reported a striking development on Monday as the country posted a September current account surplus of $1.88 billion. This positive shift comes after an August deficit of $357...
Global banks are revising their interest rates in response to ongoing inflation that has been affecting corporate profit margins and causing stock prices to fall. The Central Bank of Azerbaijan has...
JPMorgan (NYSE:JPM) strategists are holding off on purchasing Turkey's longest-maturity lira bonds until yields reach 35.7%. The team's decision comes in response to the Central Bank of Turkey's...
In the face of regulatory pressures, Binance, a leading global cryptocurrency platform, has seen a significant increase in Turkish lira transactions. The data, provided by Kaiko, shows that the market...
BBVA (BME:BBVA) CEO Onur Genç affirmed the bank's financial sustainability at the 14th Financial Meeting on Monday, attributing the bank's success to innovative practices, strong sustainability...
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