Foreign exchange
-
Business
Foreign Experts Share Insights on CBRT’s Interest Rate Decision
While he predicted that the Central Bank (CBRT) would keep the policy rate constant at the Monetary Policy Committee meeting,…
Read More » -
Turkiye
Turkiye aims to reduce current account gap
Country to accumulate reserves by decreasing current account deficit to GDP ratio, finance minister says Türkiye aims to reduce the…
Read More » -
Business
Non-Financial Sector’s Foreign Exchange Deficit Hits $82.62 Billion in January 2024
The net foreign exchange deficit of companies other than the financial sector was $82 billion 620 million in January 2024.…
Read More » -
Markets
Central Bank’s Net Foreign Exchange Reserves Decline by $4.5 Billion
The Central Bank’s net foreign exchange reserves, including swaps, decreased by $4.5 billion. According to bankers’ calculations, net reserves fell…
Read More » -
Business
Turkiye’s international reserves at $128.5 Billion in February
FX reserves at $71.6B, gold reserves at $49.4 Billion Türkiye’s official international reserves in February totaled $128.5 billion, down 4%…
Read More » -
Business
Turkiye’s Short-Term External Debt Stock Declines by 0.2% in January
Short-term external debt stock decreased by 0.2% in January compared to the end of 2023, reaching $174.9 billion. The Central…
Read More » -
Markets
Turkish Trade Minister: The recent fluctuation in the foreign exchange market is temporary
Minister of Treasury and Finance Mehmet Simsek stated that the recent fluctuation in the foreign exchange market is temporary. Simsek…
Read More » -
Business
Turkiye relies on arrival of 7 Million Germans for new tourism peaks in 2024
Türkiye hopes to see as many as 7 million Germans arriving throughout 2024 as it relies on one of its…
Read More » -
Business
Foreign exchange sales from the CBRT last week amounted to $4.1 billion
The decrease in the CBRT’s net reserves continued last week. According to economists’ calculations, in the week ending February 23,…
Read More » -
Business
Dollar/TL started the week with an increase: Dollar is traded at ₺31.11
Dollar/TL is traded at ₺31.1100 after starting the week with value gains. Dollar/TL moved in an upward trend on Friday…
Read More »