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Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
News
Turkish Lira Plunged Again on Erkan’s Resignation and Poor Inflation Data
Feb 06, 2024
The Turkish lira is under pressure again, because of a combination of factors, including just another jaw-dropping...
Turkey's Central Bank Raises Key Rate to 25 Percent
News
Turkey's Central Bank Raises Key Rate to 25 Percent
Aug 25, 2023
Yesterday, on August 24, the Central Bank of the Republic of Turkey (CBRT) raised its key discount rate by 750 poin...
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate Hike
News
Turkish Lira Sinks to Fresh Lows Defying the Central Bank’s Interest Rate H...
Jun 23, 2023
The Turkish lira “welcomed” the new head of the Central Bank of Turkey, and it seems that the markets do not yet be...
Dogecoins and Shibas Worth of USD81 Million Were Transferred to Unknown Wallets
News
Dogecoins and Shibas Worth of USD81 Million Were Transferred to Unknown Wal...
Jun 15, 2023
Yesterday’s Fed’s tone of voice suggesting its fight against stubborn inflation hasn’t ended yet, and more rate hik...
Shiba Inu Has Potential to Rock Cryptoworld by Entering Metaverse Challenge
News
Shiba Inu Has Potential to Rock Cryptoworld by Entering Metaverse Challenge
Jun 08, 2023
The latest catalyst propelling Shiba Inu (SHIB)’s to new ATH is its announcement of entering into the Metaverse.
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Exposed to Accelerating Decline
News
High Inflation, Depletion of Foreign Reserves Make Turkish Lira More Expose...
May 23, 2023
The steep decline in the level of foreign exchange reserves of Turkey's central bank raised fears of an impending "...
Turkish Lira: Broken, but Not Defeated
News
Turkish Lira: Broken, but Not Defeated
Apr 18, 2023
According to Bloomberg, Turkey’s central bank has requested local lenders to limit the amount of dollar purchases t...