(Bloomberg) -- Turkey will take steps to eradicate a dual exchange rate that’s emerged in recent months, the finance minister said, suggesting the central bank’s regulations might have contributed to ...
Despite his disastrous economic policies over the past few years, Turkey’s President Recep Tayyip Erdoğan appears to be well on the path to reelection. In last weekend’s first-round presidential ...
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Turkish market dips after cautious rate cut
Turkey’s central bank has again cut its policy rate but the reduction is below market expectations. The move underscores ...
Turkey's central bank on Thursday hiked its key interest rate from 30% to 35%, in an ongoing bid to rein in inflation. The move was in line with expectations of economists polled by Reuters. The ...
ANKARA, Turkey — Turkey’s central bank lowered its key interest rate by 2.5 percentage points to 47.5% on Thursday, carrying out its first rate cut in nearly two years as it tries to control soaring ...
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