Tag: Exchange rate
The euro exchange rate is dampened
Euro bills At the beginning of the week, the European currency recorded losses against the US dollar. (Photo: dpa) Frankfurt Weak economic data pushed the euro rate down at the…
The Russian central bank unexpectedly raises the key interest rate
Vilnius The central bank had kept the key interest rate stable for months, now Russia’s central bank chief Elvira Nabiullina is making a U-turn: For the first time since the…
The Russian central bank unexpectedly raises the key interest rate
Elvira Nabiullina, Head of the Central Bank One reason is the weakness of the national currency, the ruble, which continued to lose value in the wake of the turmoil caused…
Yuan near record low – FX analysts expect continued weakness
Frankfurt The extent of the current weakness of the Chinese currency, the yuan, can be seen from a report: Last week, the Chinese central bank felt compelled to refer to…
The ruble falls and falls – Now Russia is threatened with inflation
Russia’s central bank governor Nabiullina It is very likely that the powerful central banker will raise the key interest rate this month. (Photo: Reuters) Riga Shortly after Russia invaded Ukraine…
Inflation in Türkiye remains high
Inflation in Turkey Despite a slight decline, inflation in Turkey remains very high. (Photo: dpa) Istanbul Inflation in Turkey fell more than expected in June but remains very high. Consumer…
Turkey’s central bank signals further rate hikes
Turkish woman before the central bank meeting in Istanbul Many Turkish consumers are suffering from the sharply increased prices for food and other goods. (Photo: dpa) Istanbul After the turnaround…
Yen falls below important mark – Finance Minister wants to react “appropriately”.
Japan’s Finance Minister Shunichi Suzuki Japan’s finance minister announced “appropriate responses” should volatility become too severe. (Photo: via REUTERS) Tokyo The yen has broken a psychologically important barrier to the…
Japan’s central bank sticks to negative interest rates
Tokyo Japan’s central bank is sticking to its ultra-loose monetary policy. The Bank of Japan’s (BoJ) Monetary Policy Committee announced on Friday that it would keep interest rates at minus…
This country can be an alternative for investors
Street crossing in Tokyo The leading Japanese index, the Nikkei, is currently at a record high. Market observers expect things to go even higher. (Photo: Lucas Vallecillos / agefotostock /…
Erdogan appoints US finance manager Erkan as central bank governor
Istanbul Turkish President Recep Tayyip Erdogan has appointed a finance executive from the United States to head Turkey’s central bank. Hafize Gaye Erkan’s nomination was published in the Official Gazette…
Erdogan appoints US finance manager Erkan as central bank governor
Recep Tayyip Erdogan The Turkish President had recently favored a rather unusual monetary policy. (Photo: Reuters) Istanbul Turkish President Recep Tayyip Erdogan has appointed a finance executive from the United…
Dax: Index development and prices up to date
Dusseldorf The Dax struggled on Thursday with the 16,000 point mark: After the leading German index had risen to 16,019 points at noon, it then fluctuated around the psychologically important…
Dax: Index development and prices up to date
Dusseldorf The Dax is struggling on Thursday with the 16,000 point mark: After the German leading index had risen to 16,019 points at noon, it fell back below the psychologically…
Dax: Index development and prices up to date
Dusseldorf Investors on the German stock market continue to act cautiously: After the Dax initially started trading with a small minus on Thursday morning, it finally turned slightly into the…
Dax: Index development and prices up to date
Dusseldorf The Dax is initially hardly moving on Thursday: about an hour after the start of trading, the leading German index is almost unchanged at 15,963 points compared to the…
Dax: Index development and prices up to date
Dusseldorf The Dax is initially hardly moving on Thursday: About half an hour after the start of trading, the leading German index is down 0.3 percent at 15,920 points. On…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
State banks stop support purchases – lira falls by seven percent
Mehmet Simsek The markets have already speculated on this: state intervention is falling under the new finance minister. (Photo: Reuters) Istanbul The Turkish lira fell the most against the US…
Turkish Economic Policy: The Difficult U-turn
Istanbul As soon as the new Turkish finance minister is in office, numerous indicators are moving in the right direction: Since the re-elected head of state Recep Tayyip Erdogan presented…