Tag: Currency
This is what Turkey, Mongolia and Abu Dhabi will offer investors in 2022
Istanbul To protect themselves from falling in value, many Turks have invested in everything that seemed safe. Istanbul If you wanted to lose your savings this year, you only had…
‘Exorbitant Price’ Controls Started After the Fall in Currency
The Ministry of Commerce carried out its first inspection today to determine whether the markets have reduced their prices after the fall in foreign exchange. It was stated that there…
Currency Rate in Banks Announced on the Days of the Dollar Flying
The Central Bank of the Republic of Turkey shared the data for the week of December 17, showing the status of deposits in bank accounts. In the week the dollar…
Who Can Benefit From Currency Protected TL Deposit System?
The Ministry of Treasury and Finance made a new statement about the currency protected TL deposit system. The ministry’s statement laid out the procedures and principles of the system in…
You Can Be From The Principal In The Currency Protected TL Deposit System
The currency-protected TL deposit system, announced by President Recep Tayyip Erdoğan the other day, also includes an item that may have been overlooked by everyone. This article shows that if…
Turkey wants to stop speculative market commentary after the lira has fallen
Turkish lira The Turkish President wants to prevent further dollarization of the economy with a series of measures. (Photo: dpa) Istanbul After the recent currency turmoil, Turkey wants to take…
‘Foreign Currency Protected TL Time Deposit’ Regulation Entered into Force
Currency protected deposit regulation came into effect after being published in the duplicate issue of the Official Gazette. The new “new”, which was announced by President Erdogan last night and…
Erdogan’s experiment will fail on the markets
Recep Tayyip Erdogan The Turkish head of state is demanding a “competitive” lira. (Photo: dpa) Istanbul The Turkish head of state Recep Tayyip Erdogan dares the impossible: He wants to…
Erdogan ensures the exchange rate jump with a guarantee for lira savings
Istanbul A promise by the Turkish President has reversed the massive downward trend in the Turkish Lira. Within one night, the lira made up for the losses of the past…
Ministry Announced: Here is the Detail of Foreign Currency Indexed TL Deposit Accounts!
Currently, Turkey’s most important agenda is the “currency-indexed” TL deposit accounts, which will be implemented within the scope of the new economic model. Yesterday, President Erdoğan announced the foreign currency-indexed…
Erdogan wants to stop dollarization – Lira recovers
Recep Tayyip Erdogan Erdogan said after a cabinet meeting on Monday that he wanted to ensure that citizens did not have to exchange their domestic currency, the lira, for foreign…
Omikron is clouding sentiment on the Asian stock exchanges
Asia markets Investor sentiment is depressed at the start of the week. (Photo: AP) Sydney Investors in Asia are pulling out of the markets at the beginning of the week.…
Twitter’s Most Talked Crypto Currency Announced: Price Increase Possible
Amid the ongoing panic in the crypto markets, the Shiba Inu could be unexpectedly bullish. Earlier today, according to popular crypto site Whale Rumors on Twitter, ‘#SHIB’ became the most…
Important Tether (USDT) Move from Myanmar! – Became the Official Currency of the Country!
Myanmarparallel government of Tether (USDT) made an important decision. According to the decision of government officials, USDT has been declared the official currency of the country! The Government of National…
Asia exchanges follow Wall Street after the Fed’s decision in the plus
Stock exchanges Asia The Tokyo stock exchange is up on Thursday. (Photo: AP) Sydney The announced tightening of monetary policy by the US Federal Reserve will give the stock exchanges…
Lira crash: German economy records slump in exports
Istanbul The fall of the Turkish lira hits the German economy. “The further decline in the price of the Turkish lira is making it more and more difficult for German…
Turkish stock index reaches further highs
Istanbul Stock Exchange The leading index of the Istanbul Stock Exchange keeps reaching new records. (Photo: Bloomberg) Istanbul It is a paradoxical development: the Turkish lira has lost more than…
Myanmar’s Shadow Government to Use USDT as Official Currency
Myanmar’s shadow government has allowed Tether-generated USDT to be used as its official currency. Founded by deputies who were removed from the administration after the coup, and shadow government The…
Myanmar Adopts Tether (USDT) as Official Currency!
The Government of National Unity (NUG), led by supporters of Aung San Suu Kyi, the imprisoned leader of Myanmar’s shadow government, announced that they have declared the US dollar-based stablecoin…
Currency Alternative by Cüneyt Özdemir: Dry Toilet Paper
Journalist Cüneyt Özdemir found an alternative to the constantly increasing exchange rate in his last broadcast on YouTube and started to follow the toilet paper rate. Oddly enough, the toilet…