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    Pak PM woos Turkish investors with lucrative opportunities

    26 Nov 2022

    Pakistan’s Prime Minister Muhammad Shehbaz Sharif on Saturday stressed upon the Turkish companies to invest in Pakistan, as the infinite potential between the two brotherly countries

    Turkish CB’s total reserves rise to $134.5b, highest level since 2014

    21 Nov 2023

    The Turkish central bank’s total reserves rose $6 billion last week to $134.5 billion, the highest since September 2014, four bankers’ calculations showed on Tuesday,

    Earthquake will keep Turkish inflation above 40 per cent

    25 Feb 2023

    Turkey’s devastating earthquake will keep inflation above 40 per cent in the run-up to elections scheduled for June and will necessitate an additional budget,

    Turkish economy to return to ‘rational ground’, says new FM

    04 Jun 2023

    Turkey’s newly appointed Finance Minister Mehmet Simsek said on Sunday that the country has no choice but to return to “rational ground” to ensure predictability in the economy.

    Turkish lira slips, stocks gain

    05 Jun 2023

    Turkey’s lira extended recent losses, weakening more than 1 per cent against the dollar on Monday, while stocks and dollar-denominated bonds rallied after the appointment

    Turkish lira down 7 per cent in biggest selloff since 2021 crisis

    07 Jun 2023

    Turkey’s lira plunged 7 per cent to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, a move traders said is a “strong signal” that Ankara is moving away from state controls toward a freely traded currency. The lira has come under increasing pressure since President Tayyip Erdogan was re-elected on May

    Turkey’s inflation nears 60 per cent

    04 Sep 2023

    Turkey’s annual inflation approached 60 per cent last month, official data showed Monday, putting pressure on the central bank to further hike interest rates

    Turkey’s total reserves up at record $140 billion: Bankers

    05 Dec 2023

    The Turkish Central Bank’s total reserves have jumped to a record level exceeding $140 billion, five bankers’ calculations showed on Tuesday, sustaining an uptrend after it adopted more orthodox policies following May elections. The rising reserves, alongside 3,150 basis points in interest rate hikes since

    Turkey pact to link UAE economy with over 10% of global economy: Minister

    04 Mar 2023

    Dr Thani Bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the UAE- Turkey CEPA will see tariffs removed from 83 per cent of the commodities in the two countries, in addition to liberalising non-oil trade by 93 per cent of the commodities.

    Saudi Arabia deposits $5b in Central Bank of Turkey

    06 Mar 2023

    The Saudi Minister of Tourism and Chairman of the Saudi Fund for Development (SFD) Board of Directors, Ahmed Aqeel Al-Khateeb, has signed an agreement

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