Tag: policy rates
Why the lira is threatened with a steep fall
Bazaar in Istanbul Many Turks are now spending their money before everything gets even more expensive. (Photo: Reuters) Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira…
Why the lira is threatened with a steep fall
Bazaar in Istanbul Many Turks are now spending their money before everything gets even more expensive. (Photo: Reuters) Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira…
Why the lira is threatened with a steep fall
Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira in Turkey. It is now almost 18 lira. And currency experts reckon that the lira could soon break…
Why the lira is threatened with a steep fall
Dusseldorf, Istanbul Two years ago, one US dollar cost around seven lira in Turkey. It is now almost 18 lira. And currency experts reckon that the lira could soon break…
British central banker enrages Johnson’s Tories
Bank of England BoE chief Andrew Bailey faces the House of Commons Finance Committee in London. (Photo: Bloomberg) London In December of last year, the Bank of England (BoE) raised…
China’s central bank is not touching interest rates
China’s central bank The Chinese economy had surprisingly strong growth of 4.8 percent in the first quarter. (Photo: dpa) Beijing Despite clear indications of an economic slowdown due to the…
Russian Ministry of Finance confirms interest payment on bond
Central Bank of Russia The central bank still seems to be escaping a national bankruptcy. (Photo: Bloomberg) Frankfurt According to its own statements, the Russian government has transferred another interest…
Russian bond is being serviced – state bankruptcy apparently averted for the time being
Central Bank of Russia Moscow is likely to have averted a state bankruptcy for the time being. (Photo: Bloomberg) London Russia has apparently been able to avert a state bankruptcy…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Moscow, Frankfurt, Dusseldorf The Russian Central Bank and the Ministry of…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Dusseldorf The Russian central bank has reacted to financial sanctions imposed…
Central Bank of Russia doubles interest rate to 20 percent
Central Bank of Russia EU sanctions against the Russian financial system came into force on Monday night. (Photo: Bloomberg) Dusseldorf The Russian central bank has reacted to the West’s financial…
Savings banks are asking the ECB to change course
Helmut Schleweis The savings bank president fears higher inflation in the longer term. (Photo: dpa) Frankfurt The Savings Banks expect inflation to remain high. In clear words, Sparkasse President Helmut…
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,…