Tag: Lira
The comeback of Cem Özdemir – Handelsblatt Morning Briefing
From a political point of view, Cem Özdemir has a few advantages for a new cabinet line-up. In the federal elections, the Green won a direct mandate with an impressive…
Turkish lira rate: the background to the record low
Istanbul Stock Exchange Large foreign banks and institutional investors such as pension funds are withdrawing their money from Turkey. (Photo: Bloomberg) Istanbul The Turkish currency is still in free fall.…
Another Increase in Gasoline and Diesel Oil: It Will Exceed 10 Lira
While the last hikes in fuel could not be digested, it was announced that another hike would be put into effect as of tonight. According to industry sources, with the…
The Shock Depreciation of the Turkish Lira in the World Press
The week-long depreciation of the Turkish lira finally witnessed an unprecedented momentum on November 23. This increase was also covered by many press organizations around the world. The depreciation of…
Dax is slipping again – the decline of the Turkish lira continues
Dax curve The leading German index has already reached several new record highs this year. (Photo: Bloomberg Creative / Getty Images [M]) Dusseldorf The German stock market is going down…
Dax remains ailing – the decline of the Turkish lira continues
Dax curve The leading German index has already reached several new record highs this year. (Photo: Bloomberg Creative / Getty Images [M]) Dusseldorf The 16,000 point mark remains in focus…
Apple stops iPhone sales in Turkey
Recep Tayyip Erdogan The Turkish head of state Erdogan had demanded a “competitive” lira on Tuesday. (Photo: dpa) Istanbul The strongest daily loss of the Turkish lira in over three…
Turkish lira in free fall – Erdogan wants to continue “economic war of independence”
Turkish lira In this month alone, the lira has lost around a quarter of its value against the dollar and the euro. (Photo: dpa) Dusseldorf The fall of the Turkish…
Turkish lira collapses according to Erdogan statements
Turkish lira In this month alone, the lira has lost around a quarter of its value against the dollar and the euro. (Photo: dpa) Ankara The Turkish lira collapsed on…
How Turkish economic policy continues to divide society
Construction site in the Fikirtepe district of Istanbul In the real estate sector, too, prices are rising rapidly due to inflation. (Photo: Bloomberg) Istanbul, Yediburunlar Mustafa has the best seat…
How Turkish economic policy continues to divide society
Construction site in the Fikirtepe district of Istanbul In the real estate sector, too, prices are rising rapidly due to inflation. (Photo: Bloomberg) Istanbul, Yediburunlar Mustafa has the best seat…
El Salvador Builds Bitcoin City: The Living Won’t Pay Even ‘1 Lira’ Taxes
El Salvador, the only country where Bitcoin is the official currency, has launched yet another crazy project. Head of State? Nayib Bukele, will they establish a Bitcoin city? disclosed. There…
The Dollar Is Not Breathing On The Slope Of 10 Lira To The Turkish Lira!
Indeed, the dollar versus the Turkish lira rally How was it start? The economy had already flipped. Over Central Bank Governor Naci Ağbal was fired, Şahap Kavcıoğlu came. This situation…
Date Announced for Digital Lira!
Last April, the regulation on the use of cryptocurrencies in payments was published in the official gazette and entered into force. After the ban on the use of cryptocurrencies as…
Dax in front of 15,600 points – critical situation for Lira
Dusseldorf The Dax failed on Monday with its first attack on the 15,600 mark. The German benchmark index rose to 15,606 around noon, but then fell again. Most recently, the…
Dax attacks mark of 15,600 points – situation for Turkish lira comes to a head
Dusseldorf The Dax undertook a new attack on the 15,600 mark on Monday. The German benchmark index increased by 0.2 percent to 15,562 points in the first hour of trading.…
Turkish lira continues to sag after Erdogan’s ambassador escalation
lira Insiders expect the state banks to cut borrowing costs heavily on Monday. (Photo: Reuters) Istanbul The Turkish lira fell to a new record low of 9.74 lira in early…
Turkish Lira Comment from Michael Saylor: “Bitcoin is Hope for Turkey!”
Today, the Central Bank’s MPC decision was announced. The Central Bank, with its subsequent decision, lowered the interest rate by 200 basis points from 18% to 16%. After the interest…
Turkish central bank cuts key interest rate unexpectedly significantly to 16 percent
Exchange office in Istanbul After the interest rate decision was announced, the dollar and euro rose to 9.4782 and 11.0064 lira respectively – more than ever before. (Photo: Bloomberg) Istanbul…
Dax current: Dax makes up for initial losses – lira decline is spreading to the banking sector
Bond yields have risen sharply since the beginning of the year. Value stocks have benefited from this. Which trend is likely to continue in 2022.source site