The beaten-down Turkish lira jumped Thursday after the Turkey’s central bank unexpectedly raised its one-week auction repo rate to 10.25% from 8.25%.
Lira jumps after Turkey’s central bank hikes key rate by 200 basis points
The beaten-down Turkish lira jumped Thursday after the Turkey’s central bank unexpectedly raised its one-week auction repo rate to 10.25% from 8.25%.
EMERGING MARKETS-Stocks hit 2-month low; Turkey’s lira ticks up before c.bank decision
Stocks in the developing world hit two-month lows on Thursday following a sharp pullback on Wall Street overnight, while Turkey’s lira inched up after hitting a record low against the dollar ahead of …
EMERGING MARKETS-Stocks hit 2-month low; Turkey’s lira ticks up before c.bank decision
Stocks in the developing world hit two-month lows on Thursday following a sharp pullback on Wall Street overnight, while Turkey’s lira inched up after hitting a record low against the dollar ahead of …
A breakthrough could be near in the Greece-Turkey dispute, thanks to some strategic diplomatic pressure
The rising tensions mobilized the U.S. and Germany, which have watched Turkey’s drive for regional hegemony with growing anxiety.
QFC focuses on business opportunities for Turkish companies
In collaboration with the Istanbul Chamber of Commerce and the Embassy of Turkey in Qatar, the Qatar Financial Centre (QFC) organised a high-level, informative webinar entitled, “Emerging Opportunitie …
US ambassador says Turkey ignores pharma debt at its peril
At Tuesday’s conference hosted by the U.S.-Turkey Business Council, Turkish Trade Minister Ruhsar Pekcan said the steel tariffs and the removal of Turkey from a U.S. trade preference programme have …
Are you doing everything you can to help turkey growers?
Even before the COVID-19 pandemic struck, the turkey industry was struggling. The industry was faced with an oversupply situation, and many of the country’s top turkey companies made adjustments to …
U.S. ambassador says Turkey ignores pharma debt at its…
At Tuesday’s conference hosted by the U.S.-Turkey Business Council, Turkish Trade Minister Ruhsar Pekcan said the steel tariffs and the removal of Turkey from a U.S. trade preference programme have …
U.S. Ambassador Says Turkey Ignores Pharma Debt at Its Peril
The U.S. ambassador to Turkey said on Wednesday companies will consider abandoning its market if it fails to fully meet debt payments to American pharmaceutical firms, and he criticised a new Turkish …