Tag: US Dollar/Turkish Lira FX Spot Rate

Finance

Erdogan says Turkey will keep cutting interest rates, mocks British pound

09/29/2022
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Turkish President Tayyip Erdogan addresses members of his ruling AK Party (AKP) during a meeting at the parliament in Ankara, Turkey May 18, 2022. Murat Cetinmuhurdar/Presidential Press Office/Handout...

Finance

Turkey’s skyrocketing inflation threatens more losses for Gulf banks

09/01/2022
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General view of Emirates NBD Bank on January 3, 2017 in Dubai, United Arab Emirates. Tom Dulat | Getty Images DUBAI, United Arab Emirates — Banks with exposure to Turkey have faced losses ever since t...