Tag: Currency
We Don’t Think About Decision on Digital Central Bank Currency (CBDC) Soon -FED
The US Federal Reserve (FED) has released the long-awaited report containing the pros and cons of the digital central bank currency (CBDC). FED, January 20 He said that an official…
Companies Opening Currency Protected Accounts Will Not Pay Taxes
The tax exemption regulation prepared for companies that open currency-protected TL deposit accounts was accepted in the General Assembly of the Turkish Grand National Assembly and became a law. According…
The US Federal Reserve leaves its position on CBDC open
Federal Reserve The central bank’s position paper on the launch of the digital dollar had been long awaited. (Photo: AP) new York The US Federal Reserve is holding back in…
FED Publishes Digital Currency Report! Here are the details…
long awaited FED The CBDC (Central Bank digital currency) report has finally been released. FED Chairman Powell stated that the report was prepared at the last FED meeting, but its…
A rapid turnaround in interest rates, as will soon be the case in the USA, is not an issue for the ECB
Paris Despite high inflation in the euro area, ECB President Christine Lagarde is against rapid interest rate hikes. The European Central Bank does not have to be as aggressive in…
How Erdogan wants to rebuild the economy and save his office
Istanbul It’s a short word, and yet it’s unmistakable in any conversation in Turkey these days: “Zam”. In German that means price increase. Whether at the bazaar, at the bakery,…
A rapid turnaround in interest rates, as will soon be the case in the USA, is not an issue for the ECB
Christine Lagarde The ECB President assumes that prices will stabilize in 2022. (Photo: Reuters) Paris Despite the current high level of inflation, a rapid turnaround in interest rates is out…
Iran Begins Central Bank Digital Currency (CBDC) Pilot
Although the People’s Bank of China is the registered leader of the digital currency (CBDC) race, countries CBDC The races for a share of the cake still continue. The latest…
This Auction Will Pay With Crypto Currency!
Cryptocurrency payments are becoming more and more common every day. Finally, cryptocurrencies will also be accepted for the sale of the precious stone, which is thought to come from space…
Tax Incentive for Companies’ Currency Protected TL Accounts
A new decision has been taken regarding institutions and companies that deposit money into currency-protected TL deposit accounts. According to the decision, no taxation will be made from the earnings…
TL Becomes The Official Currency With The Most Transactions With Tether
According to the news prepared by the Wall Street Journal, the Turkish lira became the most traded official currency against Tether, leaving behind the dollar and the euro. In addition,…
Israel Accelerates Digital Currency Research
The Bank of Israel plans to scale up its testing of digital central bank coins (CBDC). Research is accelerating for the digital shekel, which has not yet made a final…
Yields on Bunds could rise significantly
ECB President Christine Lagarde and her US counterpart Jerome Powell (archive photo) The two most important central banks in the world are taking different courses. (Photo: AP) Frankfurt Like the…
The future of the euro does not depend on rigid debt limits
Even if this rule does not call for drastic debt reductions, Greece, Spain and Italy would have to adhere to a consistent consolidation course for several decades in order to…
Swiss National Bank: “We Successfully Completed the Digital Currency Test”
Work on CBDCs has been accelerated by central banks around the world. One of the countries working on this issue was Switzerland. The Swiss National Bank (SNB) announced today that…
The ECB has one major disadvantage compared to the Fed
Inflation is back. Global and with power, as the most recent protocol of the US central bank, the Fed, clearly shows. The US inflation rate of almost seven percent in…
Inflation in the US comes with frightening force
Currency depreciation Inflation is back: In the US, worst expectations have been exceeded. The dollar will appreciate and also strengthen the inflation trend in Europe. (Photo: imago images / Rolf…
Inflation in the US comes with frightening force
Currency depreciation Inflation is back: In the US, worst expectations have been exceeded. The dollar will appreciate and also strengthen the inflation trend in Europe. (Photo: imago images / Rolf…
Inflation in the US comes with frightening force
Currency depreciation Inflation is back: In the US, worst expectations have been exceeded. The dollar will appreciate and also strengthen the inflation trend in Europe. (Photo: imago images / Rolf…
Bundesbank President Nagel: Working for a stable currency
Joachim Nagel The 55-year-old economist succeeds Jens Weidmann as head of the Bundesbank. (Photo: dpa) Frankfurt ECB President Christine Lagarde greeted the new Bundesbank President Joachim Nagel with a few…