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Central Bank of Turkey
Turkish interest. Will the “strong raise” bet win?
Under pressure from Erdogan, who describes himself as the "enemy" of interest rates, the central bank cut the interest rate to 8.5% from 19%...
After successive declines, Turkey’s dollar-denominated bonds stabilize
The cost of insuring Turkish debt against default fell slightly, but stock markets and bank stocks suffered further losses in Thursday afternoon trading.Erdogan faces...
Bank of Turkey Governor: Inflation decline is happening at a slower...
In his second statements on inflation this year, Davutoglu said Turkey's central bank had maintained its inflation forecast at 22.3% for 2023, adding that...
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Just In
US tariffs escalate tensions with China, impact global markets
The United States’ imposition of 145% tariffs on Chinese exports has intensified trade tensions with Beijing, triggering retaliatory measures and roiling global financial markets,...
Israeli airstrikes kill dozens in Gaza, worsen humanitarian crisis
Israeli airstrikes on the Al-Mawasi area, a designated "humanitarian zone" in southern Gaza, killed at least 10 Palestinians and injured dozens on April 23,...
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