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Turkey s pro-market bank chief resigns after scandal

Turkey s pro-market bank chief resigns after scandal
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Mehmet simsekFatih ozatayTayyip erdoganSelva demiralpHafize gaye erkanUniversity of economicsKoc universityWall streetFinance minister mehmet simsekPresident recep tayyip erdoganTimothy ash

Turkey Poised for Rate Milestone If It Hikes Past 36%

(Bloomberg) Turkey is turning another corner in ending an era of ultra-loose monetary policy.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnSam Altman Returns as OpenAI CEO in Chaotic Win for MicrosoftBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesMcKinsey and Its Peers Are Facing the Wildest Headwinds in YearsNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomThe central bank will likely take interest rates above zero rel

Beril akmanMehmet simsekHande kucukFatih ozatayHafize gaye erkanTayyip erdoganBloomberg businessweekSelva bahar bazikiJoel rinnebyMorgan stanleyFinance minister mehmet simsekPresident recep tayyip erdoganBloomberg economicsBloomberg economics saysMonetary policyInflation measure

Turkey reduces dollarization and defends Turkish lira

Public outrage is growing in Turkey over the cost of a government scheme to curb dollarization and prop up the Turkish lira, launched hastily in December to stop the dizzying slump of the currency, now that payments have begun to depositor

Mahmut gurcanNureddin nebatiTayyip erdoganFatih ozatayPresident recep tayyip erdoganDeputy treasuryFinance ministerFinance minister nureddin nebatiMurat bati

Turkish taxpayers outraged at cost of lira protection scheme

Turkey’s Treasury faces a hefty bill from a controversial plan to defend the Turkish lira, even as the scheme has failed to make a major impact in reducing dollarization.

Mahmut gurcanNureddin nebatiTayyip erdoganFatih ozatayPresident recep tayyip erdoganDeputy treasuryFinance minister mahmut gurcanFinance minister nureddin nebatiMurat bati

Roundup: Turkey s inflation rate nears 20 pct, highest since 2019

ANKARA, Nov. 3 (Xinhua) Turkey annual inflation rate accelerated to 19.89 percent in October, the highest figure in over two years, driven mainly by a rise i

Enver erkanFatih ozatayTurkish statistical institute turkstatTurkish statistical instituteTera securitiesFhe priceCosts andPrice increasesInflation rateHigh inflation