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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...
Fidelity High Dividend ETF – Well Diversified, Muted Risk, Income Focused ETF
News
Fidelity High Dividend ETF – Well Diversified, Muted Risk, Income Focused E...
May 31, 2023
With the uncertainty surrounding the Fed's change of course and rising odds of a recession, it's important to have...
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...
Bank of America clients withdrew $2.3B from U.S. securities led by Medium-to-Long-Term Treasury ETFs
News
Bank of America clients withdrew $2.3B from U.S. securities led by Medium-t...
Apr 12, 2023
According to Finance.Yahoo which mentioned a note from bank strategist Jill Carey Hall published on Tuesday, Bank o...
Bank of America Recognized Viability Of Digital Currencies and Thereby Indirectly Supporting the Idea of Blockchain Dominance
News
Bank of America Recognized Viability Of Digital Currencies and Thereby Indi...
Jan 26, 2023
The takeaways of one of the largest global investment banks are all the more surprising because over the course of...