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Category: BUSINESS

Posted on March 22, 2021

Turkey’s lira and stock market tumble after central bank chief’s sacking – business live

Mr Agbal’s replacement, Sahap Kavcioglu, is a little-known business school professor who shares President Erdogan’s economics theories and is, unsurprisingly, associated with the ruling party. Turkey …

( read original story …)



Posted on March 22, 2021

GLOBAL MARKETS-Stocks and forex ride out Turkey shock

The fallout from Turkey’s latest market drama appeared contained on Monday, as stocks recovered from President Tayyip Erdogan’s shock replacing of a hawkish central bank governor with a critic of high …

( read original story …)



Posted on March 22, 2021

GLOBAL MARKETS-Stocks and forex ride out Turkey shock

The fallout from Turkey’s latest market drama appeared contained on Monday, as stocks recovered from President Tayyip Erdogan’s shock replacing of a hawkish central bank governor with a critic of high …

( read original story …)



Posted on March 22, 2021

Turmoil in Turkish lira may impact Dabur’s business

Turkey contributes 3-4% to Dabur India’s consolidated business, Roy added. Jubilant Foodworks has exposure to the region via its acquisition last month of DO Eurasia (Turkey, Russia Dominos Franchise) …

( read original story …)



Posted on March 22, 2021

Turmoil in Turkish lira may impact Dabur’s business

Turkey contributes 3-4% to Dabur India’s consolidated business, Roy added. Jubilant Foodworks has exposure to the region via its acquisition last month of DO Eurasia (Turkey, Russia Dominos Franchise) …

( read original story …)



Posted on March 22, 2021

BBVA says commitment to Turkey unchanged, shares fall 6%

Spain’s BBVA BBVA.MC on Monday said its commitment to Turkey was unchanged despite a 15% decline in Turkey’s lira to a near all-time low after President Tayyip Erdogan’s ousting of a hawkish central …

( read original story …)



Posted on March 22, 2021

BBVA says commitment to Turkey unchanged, shares fall 6%

Spain’s BBVA BBVA.MC on Monday said its commitment to Turkey was unchanged despite a 15% decline in Turkey’s lira to a near all-time low after President Tayyip Erdogan’s ousting of a hawkish central …

( read original story …)



Posted on March 22, 2021

Turkey Currency Plummets Against US Dollar

It had been weaker earlier on Monday, at 8.4 lira per dollar but recovered some of its losses after Finance Minister Lutfi Elvan assured markets that Turkey was committed … “more tourists buy (from …

( read original story …)



Posted on March 22, 2021

Turkey Currency Plummets Against US Dollar

It had been weaker earlier on Monday, at 8.4 lira per dollar but recovered some of its losses after Finance Minister Lutfi Elvan assured markets that Turkey was committed … “more tourists buy (from …

( read original story …)



Posted on March 22, 2021

Turkey central bank chief ousting came as a shock to everyone, says Istanbul Economics Research

Istanbul Economics Research’s Can Selcuki says everyone was ‘shocked’ by the unexpected removal of Turkey’s Central Bank Governor Naci Agbal.

( read original story …)



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