Erdogan’s decision to fire Naci Agbal as central bank governor in the early morning hours Saturday followed a stunning 200 basis point interest-rate increase last week that drove the benchmark rate to …
Central Bank of Erdogan Has Foreign Cash Exiting Turkey
Erdogan’s decision to fire Naci Agbal as central bank governor in the early morning hours Saturday followed a stunning 200 basis point interest-rate increase last week that drove the benchmark rate to …
European lockdown worries hit travel firms, as Turkey’s stock market falls again – business live
Turkey’s BIST 100 by sector earlier today Photograph … the financial markets, the eurozone and business. European markets are heading for a lower open today as anxiety over a third wave of Covid-19 …
European lockdown worries hit travel firms, as Turkey’s stock market falls again – business live
Turkey’s BIST 100 by sector earlier today Photograph … the financial markets, the eurozone and business. European markets are heading for a lower open today as anxiety over a third wave of Covid-19 …
BBVA’s CEO says main risk in Turkey is forex, cenbank chief sacking not affecting operations
The main risk in Turkey is forex, and BBVA is prepared to handle that, the Spanish bank’s chief executive Onur Genc said on Tuesday, adding that it was invested in Turkey for the long term and the …
Turkey faces tough prospects after Erdogan shocks investors
The messaging from Turkey when Naci Agbal was appointed in November, was that his task was to address underlying but well-known weaknesses in the economy. They included high and rising inflation of …
Eviction of central bank boss shakes confidence in Turkey
Recep Tayyip Erdogan’s shock dismissal of Turkey’s central bank chief has eroded investor confidence in the country’s economic leadership that had just begun to rebound after successive waves of …
Analysis: Turkey steps into abyss with latest central bank boss ousting
Turkey may have lost the faith of investors long weary of a cycle of unorthodox policies, analysts said, after President Tayyip Erdogan’s shock sacking of its central bank chief. Erdogan’s decision to …
Analysis: Turkey steps into abyss with latest central bank boss ousting
Turkey may have lost the faith of investors long weary of a cycle of unorthodox policies, analysts said, after President Tayyip Erdogan’s shock sacking of its central bank chief. Erdogan’s decision to …
U.S., Europe press Turkey to rethink ditching violence-on-women pact
ISTANBUL (Reuters) – U.S. and European leaders denounced what they called Turkey’s baffling and concerning decision to pull out of an international accord designed to protect women from violence, and …